Solved

Which of the Following Is an Implied Power of a Corporation

Question 24

Multiple Choice

Which of the following is an implied power of a corporation?


A) Power to have perpetual existence.
B) Power to sue and be sued in the corporations' name.
C) Power to establish rules for managing the corporation.
D) Power given in the statement of corporate purpose in the articles of incorporation.
E) Power to lend money.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions