Which of the Following Statements Is True of a Corporation

question 131

Multiple Choice

Which of the following statements is true of a corporation?

• A)Corporations pay the same variety of taxes as other forms of business.
• B)Although a corporation is a separate legal entity,it cannot be sued.
• C)Any stockholder of a corporation can commit the corporation to a binding contract.
• D)The owners of a corporation are called stockholders.

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Definitions:

Structuralism

Structuralism is an approach in the fields of anthropology, sociology, and psychology, focusing on understanding the structure of the human mind and cultural constructs rather than the content.

Functionalism

A theoretical perspective in sociology and psychology that views society as a complex system whose parts work together to promote solidarity and stability.

Gestalt Psychology

A psychological approach emphasizing the organization of perception and thinking in a "whole" rather than on the individual elements.

Continuous Flow

A process operation where inputs (materials, energy, or information) are constantly fed into the system, and products or services are produced without interruption.