Which of the Following Is Not True of a Corporation

question 37

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 shareholders bind the corporation.
• D)It may enter into binding legal contracts in its own name.

Understand the concept of opportunity cost in different buying scenarios.

Apply linear equations to represent and solve real-world problems related to economics and sociology reading materials.

Analyze advertising budget allocation based on target audience reach and cost-effectiveness.

Demonstrate understanding of consumption patterns and their impact on individual's budget.

---

Definitions:

SWOT Analysis

A strategic planning technique used to identify an organization's Strengths, Weaknesses, Opportunities, and Threats.

Internal Analysis

The process of evaluating an organization's strengths and weaknesses by reviewing its resources, capabilities, and competencies.

Trend Analysis

Trend analysis is the practice of collecting data and analyzing patterns over time to predict future movements, make comparisons, or identify significant changes.

Labour Demand Forecasting

The process of estimating the future demand for labor within an organization, considering predicted future business activities, economic conditions, and strategic directions.