A corporation is a separate and distinct legal entity from its owners and managers. This benefits the stockholders in which of the following ways? Their losses are limited to the amount of their original investment. Their profits are greater than they would be with a partnership. They remain personally liable for liabilities of the company. The dividends they receive are not subject to federal taxes.
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This means that the corporation is responsible for its own debts and obligations, and the owners are not personally liable for them. Show more…
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