Which of the Following Is Not True of a Corporation

question 90

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.

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Definitions:

Unprecedented

Unprecedented refers to something that has never happened or been seen before, indicating a unique or novel occurrence.

Reporters

Journalists who investigate, gather, and present information in various forms of media, aiming to keep the public informed about events and issues.

Propaganda

Information, especially of a biased or misleading nature, used to promote a political cause or point of view.

Antietam

A decisive battle during the American Civil War fought on September 17, 1862, in Maryland, marking the bloodiest single-day battle in American history with significant strategic implications.