Question: Each question in this section has only ONE correct answer 1) Which of the following statements about corporations is false? A The shareholders' liability is

Each question in this section has only ONE correct answer 1) Which of the following statements about corporations is false? A The shareholders' liability is limited to their investment B A corporation can exist longer than its owners CA corporation is a distinct legal entity D Because ownership in a corporation is represented by shares of stock, ownership cannot easily be transferred to new owners E Perpetual succession is an advantage of corporations

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