Which of the Following Is a Correct Statement Relating to the Concept

Multiple Choice

Which of the following is a correct statement relating to the concept of mutual agency and the corporate form of business?

A) There is no mutual agency with the corporate form of business.
B) Mutual agency may or may not exist in a corporation,depending on the individual state law.
C) Mutual agency always exists in the corporate form of business.
D) Mutual agency may or may not exist in a corporation,depending on a vote by the shareholders.