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Which is not a characteristic of a corporation

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Problem 1: Which of the following is not a characteristic of a corporation?

a. The financial loss that a stockholder may suffer from owning stock in a public company is limited.

b. A corporation can own property in its name.

c. Cash dividends paid by a corporation are deductible as expenses by the corporation.

d. Corporations are required to file federal income tax returns.

Reference no: EM132985697

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