Which not characteristic of corporate form of organization

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Problem 1: When a payment of a previously declared dividend is paid, it normally has the following effect:

a) a decrease in liabilities.

b) a decrease in working capital.

c) a decrease in stockholders' equity.

d) All of the above.

e) None of these.

Problem 2: Which of the following is not a characteristic of the corporate form of organization?

a) The owners of a corporation cannot lose more than the amount of their investment.

b) Shares of stock in a corporation are readily transferable.

c) The company President decides the amount of dividends to be paid.

d) The corporation is an effective vehicle for obtaining large amounts of capital.

e) None of these.

Reference no: EM132996111

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