v$2.$cengagenow.com

PRE$-$TEST

Problem $8$ of $20$

Which of the following is not characteristic of a corporation?

$1$

a$.$ A corporation can own property in its name.

$2$

b$.$ Corporations are required to file federal income tax returns.

$3$

c$.$ Corporations have less regulatory costs than other business forms.

$4$

$$ d$.$ The financial loss that a stockholder may suffer from owning stock in a public company is limited to the amount invested.

$5$

$6$

$7$

$8$

$9$

$10$

$11$

$12$