Which of the Following Is False Regarding Corporations

question 12

Multiple Choice

Which of the following is false regarding corporations?

• A) Corporations are legal entities.
• B) Corporations exist separately from their shareholders.
• C) Corporations can sue or be sued by others.
• D) Courts consider corporations to be "legal persons."
• E) Corporations cannot claim rights under the U.S. Constitution.

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Definitions:

Nash Equilibrium

A concept in game theory where no player has anything to gain by changing only their own strategy, assuming other players' strategies remain unchanged.

Pure Strategies

In game theory, strategies that involve making a specific choice or action with certainty.

Time-Discounted Value

The present value of a future amount of money or stream of income, adjusted for time preference and inflation.

Market Monopoly

A market structure in which a single seller controls the entire supply of a product or service, and where the entry of new competitors is obstructed.