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:

Developed Sense

A refined or highly developed capacity, such as sight, hearing, or taste, often resulting from learning or experience.

Newborn's Hearing

The auditory ability of a newborn baby, which begins to develop before birth and is fully functional shortly after birth for hearing sounds.

Amniotic Fluid

The protective liquid contained within the amniotic sac that surrounds and protects the fetus during pregnancy.

Sensory Stimulation

The input that stimulates the senses, such as sight, sound, touch, taste, and smell, crucial for brain development.