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Business, 05.05.2020 22:09 Serenitybella

True or false?
1. A corporation is an entity separate and distinct from its owners.
2. As a legal entity, a corporation has most of the rights and privileges of a person.
3. Most of the largest U. S. corporations are publicly held corporations.
4. Corporations may buy, own, and sell the property; borrow money; enter into legally binding contracts, and sue and be sued.
5. The net income of a corporation is taxed as a separate entity.

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True or false?
1. A corporation is an entity separate and distinct from its owners.
2....
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