dentify which of the following statements are true for the corporate form of organization. (You...
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Accounting
dentify which of the following statements are true for the corporate form of organization. (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.) Stockholders do not have the power to bind the corporation to contracts. It does not end with the death of an owner. The sale of shares from one stockholder to another does not impact operations. An exception is whien it changes the makeup of directors 2. The president and vice presidents choose the board of directors. Shareholders are not personally liable for corpotate acts. ? Corpotations are ofen subject to fower tegulations than parinerships. 2. Stockhoiders are expected to hire and fire key execulives
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