Which one of the following would not be considered an advantage of the corporate form of organization?
A) limited liability of shareholders
B) separate legal existence
C) continuous life
D) government regulation
Correct Answer:
Verified
Q4: Retained earnings represents the amount of cash
Q7: Retained earnings that are restricted are unavailable
Q19: The number of common shares authorized can
Q20: A company can control the market value
Q21: The payout ratio is calculated by dividing
Q23: A stock split results in a transfer
Q25: Stock Dividends Distributable is reported as a
Q26: Under the corporate form of business organization
A)a
Q28: The main purpose of a stock split
Q29: Shareholders directly elect the corporation's
A)president.
B)board of directors.
C)controller.
D)auditor.
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