Which of the Following Is False Regarding the Question Presented

question 52

Multiple Choice

Which of the following is false regarding the question presented in the Case Opener regarding Facebook's status as a corporation?

• A)Its corporate status allows it to acquire property.
• B)Its corporate status allows it to make contracts.
• C)Its corporate status allows it to sue and be sued.
• D)Its corporate status allows it to enjoy existence for up to 100 years.
• E)Its corporate status allows it to make charitable donations.

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Definitions:

Credit Terms

Conditions under which credit is extended by a lender to a borrower, including payment due dates, interest rates, and repayment schedules.

Credit Period

The time frame granted by a creditor within which payment for a purchase must be made; typically used in commercial transactions.

Credit Risk

The risk of loss resulting from a borrower's inability to repay a loan or meet contractual obligations.

Carrying Cost

A financial term representing the total cost of holding inventory, including storage, insurance, taxes, and opportunity costs.