Which of the Following Statements Is a Defining Feature of a Corporation

question 43

Multiple Choice

Which of the following statements is a defining feature of a corporation?

• A)The owners of a corporation face unlimited liability on debts.
• B)A corporation owns and operates units only in foreign countries.
• C)A corporation is created by a verbal agreement.
• D)A corporation that is based on a verbal agreement is also recognized by State law.
• E)A corporation has a legal identity that is separate from that of its owners.

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Definitions:

Correct Verb

The appropriate form of a verb that matches the subject in number and tense, adhering to the rules of grammar.

Italian Earthquake

Refers typically to seismic events occurring in Italy, a country prone to earthquakes due to its geological position at the meeting point of several tectonic plates.

Correct Verb

The accurate or appropriate usage of a verb in a sentence to convey the intended action or state.

Entertainment

Activities, events, or performances designed to provide pleasure or relaxation to the audience.