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Exam (elaborations)

FAC1601 ASSIGNMENT 3 SEMESTER 2 2022

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This document contains Fac1601 assignment 3 semester 2 questions and trusted answers

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September 24, 2022
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Written in
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A close corporation is a legal entity, which implies that it is not liable to pay for obligations and can acquire
assets in its own name.


© a. True
© b. False
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