Which of the Following Is Untrue Regarding Professional Corporations

question 54

Multiple Choice

Which of the following is untrue regarding professional corporations?

• A) State statutes permitting professional corporations all apply only to specified professions.
• B) All states have statutes which permit the practice of professions by duly licensed individuals in the corporate form.
• C) There is a supplement to the MBCA which deals with professional corporations.
• D) Professionals may avoid personal liability for corporate debts by incorporating.

---

Definitions:

Download Speeds

The rate at which data is transferred from the internet to a user's computer.

Upload Speeds

The rate at which data is sent from a user's computer or device to the internet, typically measured in Mbps (Megabits per second).

US Department Of Defense

The federal department charged with coordinating and supervising all agencies and functions of the government relating directly to national security and the United States armed forces.

1969

The year notable for significant events in history such as the first human landing on the Moon by Apollo 11 and the Woodstock music festival.