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Commonly Asked Questions about Corporate Ownership Transfer Forms

Ownership can be transferred without affecting operations AND D. Managers can be fired with no effect on ownership. The individual stockholders of a corporation (i.e., the owners) are legally distinct from the corporation itself, which is a separate legal entity.
Transferring ownership of a corporation is easy: shareholders simply sell their stock to others.
A sole proprietorship is the easiest and simplest form of business ownership. It is owned by one person. There is no distinction between the person and the business. The owner shares in the businesss profits and losses.
The correct option is c. Corporation. In the Corporation form of business organization, the ownership can be transferred easily.
Ownership rights cannot be easily transferred. 2. Owners have unlimited liability for corporate debts.
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