A Corporation Possesses All but One of the Following Characteristics

question 108

Multiple Choice

A corporation possesses all but one of the following characteristics.Which of the following is NOT a characteristic of a corporation?

• A) If a corporation cannot pay its debts, lenders can take the owners' personal assets to satisfy the obligations.
• B) A corporation is a distinct entity in the eyes of the law.
• C) Corporation ownership is divided into shares of stock.
• D) A corporation is owned by shareholders or stockholders.

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Definitions:

Family Resources

Refers to the financial, emotional, and physical support systems available to families for their wellbeing and development.

Public Health Information

Information that pertains to the health of the population, including statistics and educational resources on how to prevent disease and improve public health.

District Attorney

A legal official who represents the government in the prosecution of criminal offenses.

Violent Criminal

An individual who commits crimes that involve the use or threat of physical force against others.