Which of the Following Is TRUE

question 18

Multiple Choice

Which of the following is TRUE?

• A) The law recognises every natural person as a legal person.
• B) The limited company is no longer a dominant feature of the modern business world.
• C) A corporation is a legal person in the eyes of the law.
• D) A corporation is actually not a legal person.
• E) The most important non- legal person is the limited partnership.

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Definitions:

Following

The act of adhering to or being guided by the instructions, leadership, or direction provided by someone else.

Achievement-Oriented Leadership

Emphasizes setting goals, stressing excellence, and showing confidence in people’s ability to achieve high standards of performance.

Milton Friedman

Milton Friedman was an influential American economist known for his work on monetary policy, market capitalism, and the advocacy of free markets.

Sole Purpose

The single, main objective or aim for which something is designed or exists.