Multiple Choice
Which of the following is false regarding corporations?
A) Corporations are legal entities.
B) Corporations exist separately from their shareholders.
C) Corporations can sue or be sued by others.
D) Courts consider corporations to be "legal persons."
E) Corporations cannot claim rights under the U.S. Constitution.
Correct Answer:
Verified
Correct Answer:
Verified
Q8: What type of tax treatment would an
Q9: Set forth the situations under which a
Q10: Which of the following is not required
Q11: Which of the following is a corporation
Q14: A[n] _ corporation is a business incorporated
Q15: A corporation is a[n] _ corporation in
Q16: Based on the information available,is there an
Q49: Closely held corporations generally offer stock for
Q67: Which of the following generally does not
Q70: Which of the following is false regarding