Question: A corporation: Multiple Choice has its identity defined by its bylaws. is a legal entity separate from its owners. is ultimately controlled by its board

A corporation:
Multiple Choice
has its identity defined by its bylaws.
is a legal entity separate from its owners.
is ultimately controlled by its board of directors.
is prohibited from entering into contractual agreements.
has its existence regulated by the rules set forth in its charter.
A corporation: Multiple Choice has its identity defined by its bylaws.

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