Which isnt characteristic of corporate form of organization

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Problem 1: Which of the following is not a characteristic of the corporate form of organization?

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

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

C) Stockholders decide by majority vote the amount of dividends to be paid.

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

Reference no: EM132839848

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