Question 10 All of the following are characteristics of a corporation, except: has one or more owners, and called partners is considered a separate legal entity O A. OB. OC. It has an indefinite life O D. the owners are not liable for corporation's debts
Question 10 All of the following are characteristics of a corporation, except: has one or more owners, and called partners is considered a separate legal entity O A. OB. OC. It has an indefinite life O D. the owners are not liable for corporation's debts
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Question 10
All of the following are characteristics of a corporation, except.
has one or more owners, and called partners
is considered a separate legal entity
O A.
В.
C.
It has an indefinite life
D.
the owners are not liable for corporation's debts
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