A Company Is a Separate Legal Entity

question 17

Multiple Choice

A company is a separate legal entity.This means that:

• A)the shareholders are entirely separate from the management.
• B)the directors and the shareholders are a combined legal personality.
• C)the directors of the company are separate from the decision making.
• D)the company has the legal rights and liabilities of a person.

---

Definitions:

Amygdala

A small, almond-shaped cluster of nuclei located deep within the temporal lobe of the brain, involved in processing emotions such as fear, anger, and pleasure.

Cortex

The outermost layer of the brain, involved in numerous high-level brain functions such as thought, memory, and decision-making.

Carroll Izard

An American psychologist known for his contributions to the understanding of emotions, including the development of the Differential Emotions Theory.

Basic Emotions

Fundamental emotions that are universally experienced by humans, such as joy, sadness, fear, disgust, surprise, and anger.