The Four Fundamental Legal Principles That Are Designed to Protect

question 24

Multiple Choice

The four fundamental legal principles that are designed to protect the corporate structure are (1) corporate status as an entity, (2) corporate constitutional rights, (3) corporate citizenship and (4) :

• A)anticipatory repudiation.
• B)unconscionable contract.
• C)mutual recession.
• D)limited liability.

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Definitions:

Molecule

The smallest particle of a chemical element or compound that can exist independently while retaining the characteristics of the substance.

Cellulose

A complex carbohydrate that constitutes the primary structural component of plant cell walls and is indigestible to humans.

Plant Cuticles

A protective, waxy coating on the surface of stems and leaves that prevents water loss.

Water Loss

The process by which water leaves a body or system, typically through evaporation, excretion, or perspiration.