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    Exam 13: Corporations: Organization, Stock Transactions, and Dividends
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    Which of the Following Is Not True of a Corporation
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Which of the Following Is Not True of a Corporation

Question 98

Question 98

Multiple Choice

Which of the following is not true of a corporation?


A) It may enter into binding legal contracts in its own name.
B) It may sue and be sued.
C) The acts of its owners bind the corporation.
D) It may buy, own, and sell property.

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