Which of the following is not a characteristic of the corporate form of organiza

ID: 3198590 • Letter: W

Question

Which of the following is not a characteristic of the corporate form of organization?

The owners of the corporation cannot lose more than their investment

Shares of stock are more readily transferable than is an interest in a partnership

Stockholders have the authority to decide by vote the amount of dividends to be paid

The corporation is a very efficient vehicle for obtaining large amounts of capital required for large scale production

The owners of the corporation cannot lose more than their investment

Shares of stock are more readily transferable than is an interest in a partnership

Stockholders have the authority to decide by vote the amount of dividends to be paid

The corporation is a very efficient vehicle for obtaining large amounts of capital required for large scale production

Stockholders have the authority to decide by vote the amount of dividends to be paid. is the wromg one

Board of directors is the corporate body which determines the dividends to be paid.

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