Of the following statements, which are true for the corporation form of business? a. Capital often is

Question:

Of the following statements, which are true for the corporation form of business?

a. Capital often is more easily accumulated than with other forms of organization.

b. It has a limited life.

c. Owners have unlimited liability for corporate debts.

d. It is a separate legal entity.

e. Ownership rights cannot be easily transferred.

Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...