Which of the Following Explains the Term "Lack of Mutual

question 11

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 stockholder.
• B)Shares of stock can be readily bought and sold by investors on the open market.
• C)Stockholders 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.

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Definitions:

Nonalcohol Dependent

Refers to individuals who do not exhibit a physical or psychological dependence on alcohol.

Positive Expectancies

Involves the belief or anticipation that future events will be favorable or beneficial.

Aggressive

Characterized by or showing tendencies to behave in a hostile way towards others.

Treatment Philosophy

The set of beliefs and principles that guide how a healthcare provider approaches diagnosis, treatment, and care of patients.