Question: Which of the following statements best describes an advantage of the corporate form of doing business? a. Day-to-day management is strictly the responsibility of the

Which of the following statements best describes an advantage of the corporate form of doing business?

a. Day-to-day management is strictly the responsibility of the directors.

b. Ownership is contractually restricted and is not transferable.

c. The operation of the business may continue indefinitely.

d. The business is free from state regulation.

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