Which of the following is NOT characteristic of a corporation?

Which of the following is NOT characteristic of a corporation?




A) The financial loss that a stockholder may suffer from owning stock in a public company is limited
B) Cash dividends paid by a corporation are deductible as expenses by the corporation
C) A corporation can own property in its name
D) Corporations are required to file federal income tax returns




Answer: B


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Regards,
John Burley! Our hats off to you!!"