Q
Which is true about corporation ?
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A
A. It is worse type of business organization.
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B
B. The minimum number of incorporators to start a corporation is three.
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C
C. Its life is dependent on the lives of the incorporators.
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D
D. The stock holders of the corporation are only liable to the extent of their investments.
Correct Answer:
D. D. The stock holders of the corporation are only liable to the extent of their investments.