Corporations Have the Right to Own Property, Including Real Estate

question 19

True/False

Corporations have the right to own property, including real estate, in the corporate name.

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Definitions:

Buyer's Household Members

Individuals living in the same residence as the buyer, often considered by retailers for marketing or loyalty purposes.

Waive Warranties

involves the voluntary relinquishment of certain guarantees or assurances, typically regarding the condition or quality of goods and services, by a buyer or recipient.

Implied Warranties

Unspoken, unwritten assurances that a product or service meets certain quality standards and is fit for the purpose sold, even though not expressly stated.

Express Warranties

Explicit assurances provided by the seller about the quality, performance, or condition of a product.