Solution manual fundamentals of accounting by cabrera chapter 03

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... low-cost shares of stock Easy transferability of ownership Because shares of stock are usually relatively low in cost, they can be purchased and sold by individual 3-2 Role of Accounting in Business... shares of stock b Limited liability The maximum amount a shareholder can lose is the amount of his or her investment Greater access to capital Corporations can attract a great number of investors by. .. Exercise a Professor Francisco is proposing to form a corporation We can determine this because he will be selling shares of stock A corporation is the only one of the three principal forms of business
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