A Corporation Is a Legal Entity Separate from Its Owners;it

question 145

True/False

A corporation is a legal entity separate from its owners;it may sue and be sued,but it may not own property in its own name.

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Definitions:

External Consequences

Outcomes that occur as a result of an action that affect the external environment or other people, beyond the individual who undertook the action.

Free Will

The concept that humans have the capacity to make choices and decisions independently of natural, social, or divine constraints.

Positive Outcomes

Favorable or beneficial results or effects of an action, behavior, or procedure.

Neutral Outcomes

Results or consequences of an action that neither significantly benefit nor harm the situation or the individuals involved.