Examlex
Which of the following statements is false?
Corporation
A legal entity formed by individuals, stockholders, or shareholders, with its own rights and liabilities separate from those of its members.
Promoters
Individuals or companies that are involved in the planning and establishment of a company, or those who actively support or recommend something.
Stock Dividend
A distribution of additional shares to shareholders at no extra cost, based on the number of shares they already own.
Corporation's Assets
Resources owned by a corporation that have economic value and can contribute to the company's future income and benefits.
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