Which of the Following Is an Implied Power of a Corporation

question 74

Multiple Choice

Which of the following is an implied power of a corporation?

• A)Power to establish rules for managing the corporation.
• B)Power to have perpetual existence.
• C)Power given in the statement of corporate purpose in the articles of incorporation.
• D)Power to lend money.
• E)Power to sue and be sued in the corporations' name.

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An academic professional specializing in teaching and researching entrepreneurship and business creation.