Which of the Following Statements Is a Defining Feature of a Corporation

question 43

Multiple Choice

Which of the following statements is a defining feature of a corporation?

• A)The owners of a corporation face unlimited liability on debts.
• B)A corporation owns and operates units only in foreign countries.
• C)A corporation is created by a verbal agreement.
• D)A corporation that is based on a verbal agreement is also recognized by State law.
• E)A corporation has a legal identity that is separate from that of its owners.

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Definitions:

Nahrgang, Morgeson, Ilies

Researchers known for their contributions to the fields of organizational behavior and leadership studies.

Extraversion

A personality trait characterized by outgoingness, high energy, and sociability, often associated with effective leadership.

Agreeableness

A personality trait characterized by kindness, cooperativeness, and a warm disposition towards others.

Leader-Member Relationships

Refers to the dynamics and quality of the interactions between a leader and their followers, influencing team cohesion and performance.