Multiple Choice
Which of the following is an incorrect statement?
A) A corporation may file suit in its own name without the principals filing suit.
B) A corporation may form a contract in its own name without the principals guaranteeing the contract.
C) A corporation can be sued without the principals being sued.
D) A corporation may not incur obligations separate from those of its principals.
Correct Answer:
Verified
Correct Answer:
Verified
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