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    Exam 13: Introduction to Corporations
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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 153

Question 153

Multiple Choice

Which of the following is NOT true of a corporation?


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

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