Engineering Economics
Which is true about corporation?

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

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Engineering Economics
In a cash flow series:

Uniform gradient signifies that an income or disbursement changes by the same amount in each interest period
Either an increase or decrease in the amount of a cash flow is called the gradient
All of these
The gradient in the cash flow may be positive or negative

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