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.

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Definitions:

Nucleotide Bases

The building blocks of DNA and RNA, consisting of adenine, thymine (uracil in RNA), cytosine, and guanine.

Obligate Symbionts

Organisms that require a symbiotic relationship with another organism to survive.

Pseudogenes

Sequences of DNA that resemble genes but are non-functional due to mutations, deletions, or insertions.

Interstrain Recombination

Genetic recombination that occurs between different strains of microorganisms, leading to genetic variability.