Engineering Economics
Aggregation of individuals formed for the purpose of conducting a business and recognized by law as a fictitious person is called ______.

Investors
Stockholders
Partnership
Corporation

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Engineering Economics
Which is true about corporation?

The stock holders of the corporation are only liable to the extent of their investments.
Its life is dependent on the lives of the incorporators.
The minimum number of incorporators to start a corporation is three.
It is worse type of business organization.

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