Which of the Following Is a Characteristic of a Corporation

question 128

Multiple Choice

Which of the following is a characteristic of a corporation?

• A)A corporation is owned by stockholders.
• B)Lenders of a corporation do not have the right to claim the corporation's assets to satisfy their obligations.
• C)All shares of a corporation must be held by a single individual.
• D)Each stockholder has the authority to commit the corporation to a binding contract through his actions.

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Definitions:

Natural Selection

The mechanism where organisms that are more suitably adapted to their surroundings are more likely to flourish and reproduce, serving as a crucial driver of evolutionary change.

Adaptive Flexibility

The ability to adjust one's thoughts and behaviors in response to changing circumstances and new information.

Organic Methyl Molecule

A molecule containing a methyl group (-CH3) that is part of an organic compound.

DNA Strand

A molecule that carries genetic instructions used in the growth, development, functioning, and reproduction of all living organisms and many viruses.