Multiple Choice
Which of the following is false regarding corporations?
A) Courts consider corporations to be "legal persons."
B) Corporations are legal entities.
C) Corporations exist separately from their shareholders.
D) Corporations cannot claim rights under the U.S.Constitution.
E) Corporations can sue or be sued by others.
Correct Answer:
Verified
Correct Answer:
Verified
Q2: When a corporation is incorporated,the secretary of
Q5: Which of the following types of securities
Q5: If over 50% of the shareholders die,
Q6: Which of the following is another name
Q8: If Callie sues Min-ji,Marcus,and Penelope for unpaid
Q9: A corporation may call in and repay
Q10: Five friends decide to form a corporation
Q11: The friends who agreed to buy stock
Q50: What are the two implied corporate powers,
Q72: Corporations are not required to indicate in