Which of These Is Not a Consequence of the Status

question 39

Multiple Choice

Which of these is not a consequence of the status of a company as a separate legal entity?

• A)The right to retain profits.
• B)The obligation to pay taxation.
• C)The right to enter into contracts in its own name.
• D)None of the above, i.e., all are consequences of the status of a company as a separate legal entity.

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Definitions:

Hans Memling

A German painter who lived in the Netherlands, best known for his work in the Flemish school of art during the Renaissance.

Nuremberg Chronicle

A richly illustrated book chronicling the history of the world from creation to the late 15th century, published in Nuremberg in 1493.

Printed Illustrated Book

A book that contains text and illustrations, where both elements are produced through a printing process, typically for mass distribution.

Les Très Riches Heures

A famous and lavishly decorated book of hours (a collection of prayers to be said at the canonical hours), painted by the Limbourg brothers in the early 15th century.