4. Which of the following statements always apply to corporations? a. Unlimited liability. b. Limited life. c. Ownership can be transferred without affecting operations. d. Managers can be fired with no effect on ownership.

Respuesta :

Answer:

. c. Ownership can be transferred without affecting operations. 

d. Managers can be fired with no effect on ownership.

Explanation:

Corporations are types of business organisation. A corporation is owned by shareholders. Ownership can be transferred by acquiring shares in the company.

Shareholders usually have a limited liability.

Managers are hired by the owners to run the business. Managers can be fired with no effect on ownership because they aren't owners of the company.

Corporations usually have unlimited life.

I hope my answer helps you