Which of the Following Is Not True of a Corporation

question 98

Multiple Choice

Which of the following is not true of a corporation?

• A) It may enter into binding legal contracts in its own name.
• B) It may sue and be sued.
• C) The acts of its owners bind the corporation.
• D) It may buy, own, and sell property.

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Definitions:

Projective Tests

Psychological assessments where individuals are shown ambiguous stimuli and their responses are interpreted to uncover underlying thoughts, feelings, or traits.

Projective Test

A psychological assessment tool that uses ambiguous stimuli to elicit responses that reveal aspects of an individual's personality.

Omnibus Inventories

Comprehensive psychological tests that assess a wide range of personality traits, attitudes, or behaviors in one instrument.

Psychometric Instruments

Tools designed to accurately measure psychological variables such as personality, intelligence, and attitudes.