Corporations Have Many Express Powers

question 18

Multiple Choice

Corporations have many express powers. Which of the following would not be an express power of a corporation?

• A) Perpetual existence.
• B) Power to sue and be sued in the corporations' name.
• C) Power to buy and sell property.
• D) Power to eliminate double taxation.
• E) Powers to make contracts and borrow money.

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Definitions:

Implied Uncertainty

The degree of uncertainty inferred from a situation or model, often without explicit quantification.

Strategic Fit

The degree to which an organization is matching its resources and capabilities with the opportunities in the external environment.

Functional Strategies

Specific, smaller-scale plans designed to achieve objectives within a company's individual departments or functions, such as marketing or finance.

Supply Chain Uncertainty

The unpredictability in the supply chain processes that can lead to risks and challenges in meeting demand.