Because Corporations Are Legal Entities Separate from Their Shareholders, ________

Multiple Choice

Because corporations are legal entities separate from their shareholders, ________

A) corporations and shareholders share liability for corporate actions.
B) corporate officers are responsible for corporate actions.
C) the corporation assumes liability for corporate actions.
D) the corporation, shareholders, and the board of directors must share in corporate liability.
E) the corporation cannot be assessed liability unless a court assess liability to it.