The Legal "Life" of a Corporation Is

question 48

Multiple Choice

The legal "life" of a corporation is:

• A) coincidental with that of its CEO.
• B) equal to the life of its board of directors.
• C) permanent, as long as shareholders don't change.
• D) permanent, regardless of current ownership.

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Definitions:

Primary Sex Characteristics

The physical features that are directly involved in reproduction, such as the ovaries in females and the testes in males.

Sexually Mature

A state of biological development at which an individual is capable of reproducing.

Reproductive Organs

Structures in an organism that are involved in the production of offspring, including ovaries and testes.

Lawrence Kohlberg

An American psychologist best known for his theory of stages of moral development.