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Civil Engineering · Q60

Engineering Economics

Engineering and GATE · Civil Engineering · question 60

Q60

Which is true about corporation?

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

Answer: Option D

Solution

Answer: Option D
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