Which Term Most Precisely Refers a Particular Piece of Legislation

question 59

Multiple Choice

Which term most precisely refers a particular piece of legislation?

• A) a code
• B) a statute
• C) a law
• D) a positive law

Understand the foundational concepts of corporation formation and the importance of articles of incorporation.

Know the powers and limitations of corporate officers and directors within the context of business operations.

Recognize the significance of the corporate veil and circumstances under which it may be pierced.

Differentiate between types of corporations based on incorporation jurisdiction and purpose.