Which of the following statements is false? O The government taxes the income of corporations separately. O Unless the articles of incorporation specify, shareholders do not participate in corporate management. O Generally, shareholders can freely transfer their corporate shares. O Corporations do not assume liability for corporate actions. O Corporations can keep profits, or retained earnings, to reinvest.
Which of the following statements is false? O The government taxes the income of corporations separately. O Unless the articles of incorporation specify, shareholders do not participate in corporate management. O Generally, shareholders can freely transfer their corporate shares. O Corporations do not assume liability for corporate actions. O Corporations can keep profits, or retained earnings, to reinvest.
Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)
14th Edition
ISBN:9781305506381
Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Chapter1: Introduction And Goals Of The Firm
Section: Chapter Questions
Problem 1.2CE
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