Which of the following is not a characteristic of corporate ownership?
A)Stockholders have no liability for the debts of the corporation.
B)Ownership interests are freely transferable.
C)Shares of stock can be purchased in small increments.
D)Corporate earnings are distributed as interest payments.

Question

Quizplus · Accepted Answer

Corporate earnings are distributed as dividends,while bonds and other interest-bearing liabilities return interest to investors.

Which of the Following Is Not a Characteristic of Corporate