Which of the following isnot a characteristic of a corporation?
A) Corporations are organized as a separate legal taxable entity.
B) Ownership is divided into shares of stock.
C) Corporations experience an ease in obtaining large amounts of resources by issuing stock.
D) Corporation's resources are limited to its individual owners' resources.

Question

Quizplus · Accepted Answer

Corporations are separate legal entities with their own resources and are not limited to the resources of individual owners.

Which of the Following Isnot a Characteristic of a Corporation