Which of the Following Is Not True of a Corporation

question 114

Multiple Choice

Which of the following is not true of a corporation?

• A) It may buy own and sell property.
• B) It may sue and be sued.
• C) The acts of its owners bind the corporation.
• D) It may enter into binding legal contracts in its own name.

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Definitions:

Personal Zone

The physical space immediately surrounding an individual, which they regard as psychologically theirs.

Symbolic Interactionism

A sociological perspective focusing on how individuals interpret and give meaning to social interactions, symbols, and social structures.

Everyday Life

The domain of social reality characterized by routine, mundane activities, and experiences.

Self-Reflective

The quality of being able to thoughtfully consider one's own actions, thoughts, and feelings, often leading to personal insight.