Which of the Following Is a Characteristic of a Corporation

question 133

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/her actions.

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Definitions:

Radiation Therapy

A type of cancer treatment that uses high doses of radiation to kill cancer cells and shrink tumors.

Cholecystogram

A diagnostic imaging test that examines the gallbladder for stones, inflammation, or other conditions, typically using x-ray after the administration of a contrast dye.

Contrast Medium

A substance used in medical imaging to improve the visibility of internal bodily structures.

Form

The visible shape or configuration of something, often considered in terms of structure or design.