Free transferability of interests concept

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Reference no: EM133650400

Question

As a characteristic of corporations, the 'free transferability of interests' concept refers to: If a shareholder dies, the corporation absorbs the stock from the deceased at no cost A brokerage cannot charge a commission for selling or buying shares of stock Assets may be exchanged between corporations freely The transfer of stock does not affect the corporation's assets or operations.

Reference no: EM133650400

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