Under the Corporate Form of Business Organization

question 33

Multiple Choice

Under the corporate form of business organization

• A) a shareholder is personally liable for the debts of the corporation.
• B) shareholders' acts can bind the corporation even though the shareholders have not been appointed as agents of the corporation.
• C) the corporation's life is stipulated in its charter.
• D) shareholders wishing to sell their corporation shares must get the approval of other shareholders.

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Definitions:

Internal Desynchronization

A state where there is a misalignment between an individual's internal biological clock and the external environment, often leading to sleep disorders and other health issues.

Biological Rhythm

The natural cycle of physical, emotional, and intellectual fluctuations in living organisms, governed by internal biological clocks.

Physiological Functioning

The ways in which the various systems of the body operate and maintain health, including respiratory, circulatory, and nervous systems.

Living Organism

Any entity that exhibits the characteristics of life, such as growth, reproduction, and the ability to respond to stimuli.