Question

Identify which of the following statements are true for the corporate form of organization. (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer.) check all that apply Ownership rights cannot be easily transferred. Owners have unlimited liability for corporate debts. Capital is more easily accumulated than with most other forms of organization. Corporate income that is distributed to shareholders is usually taxed twice. It is a separate legal entity. It has a limited life. Owners are not agents of the corporation.

Answer 1

Answer:

Following are the responses to the given question:

Explanation:

• In point a, it is false because the ownership of a stock owned by shareholders is directly adaptable by sale.
• In point b, it is false because the corporate bosses have no responsibility. A corporate company is an organization
• In point c, it is true because This company is going on a broad-based business. Its necessary capital is enormous but is obtained from three sources.
• In point d, it is true because the company money is calculated twice in normal conditions, except for where tax-deductible is declared for both the dividends in shareholders' hands.
• In point e, it is true because Its company's legality is distinct from those of its owners. That both companies, as well as the owner, are separate legal entities. Firms have a common seal as well as their titles.
• In point f, it is false because UNLIMITED was its life of corporates and the foundation of the 'Moving Concern' idea.
• In point g, it is true because the actual owner isn't a business agent. They're only the owner that gives money.