Which of the following is an incorrect statement about a corporation?


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Which of the following is an incorrect statement about a corporation? 1 answer below ยป Which of the following is an incorrect statement about a corporation? A corporation is an entity separate and distinct from its owners. Creditors ordinarily have recourse only to corporate assets in satisfaction of their claims. A corporation may be formed in writing, orally, or implied. A corporation is subject to numerous state and federal regulations. Jun 11 2014 04:10 PM

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