Question: 0 1 : 2 2 : 0 9 Time Remaining 2 1 Mutriple Choict 2 points Which of the following is NOT true of corporations?
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Time Remaining
Mutriple Choict points
Which of the following is NOT true of corporations?
Shareholders recelve a personal income tax benefit from the corporation's losses.
Shareholders invest capital in exchange for shares of stock.
Shareholders can only lose the money they invest.
Shareholders have no liability for the corporation's debts.
Contracts binding the corporation do not require shareholder signatures.
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