Because the Corporation Is a Separate Entity, the Corporation Itself

question 18

True/False

Because the corporation is a separate entity, the corporation itself is liable for any debts and obligations it incurs.

---

Definitions:

Negativism

An aggressive mechanism in which a person responds with pessimism to any attempt at solving a problem.

Pessimism

A tendency to see the worst aspect of things or believe that the worst will happen; a lack of hope or confidence in the future.

Interpersonal Conflict

A situation in which individuals or groups have incompatible goals, needs, or interests, leading to disagreement or dispute.

Withdrawal Mechanism

A term often used in psychology and organizational behavior to describe the process by which individuals distance themselves from a situation, task, or social setting as a coping strategy.