Which of the Following Is True of a Corporation

question 6

Multiple Choice

Which of the following is true of a corporation?

• A) It is an artificial being, existing only in contemplation of law.
• B) Directors of a corporation as a group do not represent the corporation as agents.
• C) Stockholders perform all the administrative functions of the corporation.
• D) Stockholders directly control the day to day activities of a corporation.

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Definitions:

Genetic Factors

Elements of an organism's genetic makeup that influence its physical or behavioral traits, contributing to hereditary characteristics.

Identical Twins

Siblings born from the same pregnancy who share all of their genes because they were formed from a single zygote that split into two.

Misinterpretations

Incorrect or mistaken understanding or explanation of a statement, action, or event.

Compulsions

Repetitive or ritualistic acts that, in OCD, serve in some way to deal with the obsessions.