Which of the Following Explains the Term "Lack of Mutual

question 94

Multiple Choice

Which of the following explains the term "lack of mutual agency" of a corporation?

• A)The liabilities of the corporation cannot be extended to the personal assets of the shareholder.
• B)Shares of stock can be readily bought and sold by investors on the open market.
• C)Shareholders are not authorized to sign contracts or make business commitments on behalf of the corporation.
• D)Corporations pay income tax on corporate earnings, and shareholders pay personal income tax on corporate dividends and gains from sale of stock.

---

Definitions:

Increased Nomadism

The growing tendency or practice among populations to move from one place to another rather than settling permanently in one location.

Birth Spacing Interval

The period of time between the birth of one child and the conception of the next child, considered important for the health of both mother and child.

Nutritional Stress

The physiological state that occurs when the body does not receive adequate nutrients and energy, leading to negative impacts on growth, development, and overall health.

Breastfeeding

The act of feeding a baby or young child with milk from a woman's breast as a form of early childhood nutrition.