Most publicly traded firms operate as corporations. Which of the following is/are not true?
a. The corporate form provides the owner unlimited liability.
b. The corporate form allows the firm to raise funds by issuing shares to investors in varying amounts.
c. The corporate form facilitates the transfer of ownership interests because owners can sell their shares without affecting the ongoing operations of the firm.
d. The corporation has legal status separate from its owners.
e. all of the above
A
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