Question: Question 7 8 ( 1 point ) A Corporation: Is a creature of statute; Has its own legal identity; Acts through its Agents and Employees;

Question 78(1 point)
A Corporation:
Is a creature of statute;
Has its own legal identity;
Acts through its Agents and Employees;
All of the above; or
q, Only Answers A and B.
Question 78(1 point) A Corporation: Is a creature of statute; Has

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Q:

Mary's Nursery uses a perpetual inventory system. At December 31, the perpetual inventory records indicate the following quantities of a particular blue spruce tree: A year-end physical inventory,...

Q:

Victory Processing, LLC v. Fox 937 F.3d 1218 United States Court of Appeals, Ninth Circuit. VICTORY PROCESSING, LLC; Dave Dishaw, Plaintiffs-Appellants,v.Tim FOX, in his official capacity as Attorney...

Q:

With respect to a corporation, select the statement that is false: Multiple Choice Ownership rights to the corporation are transferable. A corporation cannot sue others or be sued. A corporation is a...

Q:

Question 1 The lender usually has the right to collect the principal, but is NOT allowed to collect the interest if the loan is: a. for consumer purposes. b. for commercial purposes. c. usurious. d....

Q:

Question 1 (Mandatory) (1 point) One of the strong advantages of a sole proprietorship is limited liability. Question 1 options: True False Question 2 (Mandatory) (1 point) A sole proprietorship is...

Q:

Question 1 What is the relationship between ethics and law? Question 1 options: A breach of business ethics is always a breach of the law Business ethics may require that a company do more than...

Q:

Question 1 (1 point) Under the second wave of the partial shield statute, a partner of a limited liability partnership (LLP) would be unlimitedly liable for: Question 1 options: wrongful acts by...

Q:

Saved "Phishing" occurs when Question 1 options: you download free software from the Internet. you believe that your bank has requested your personal information, which you supply in an email, only...

Q:

Flag question: Question 1 Question 1 1 pts A client wants to reduce the property's hazard insurance coverage substantially, in order to save money on the premiums. If the property manager tries to...

Q:

Question 1 (1 point) What is the legal principle of "limited liability"? Question 1 options: a) Shareholders' liability is limited to their investment in the corporation. b) Directors are not...

Q:

Question 1 (1 point) Saved What is the legal principle of "limited liability"? Question 1 options: a) Shareholders' liability is limited to their investment in the corporation. b) Directors are not...

Q:

What are the errors in the model ? Locate all the errors in the model below and explain why you consider them as errors Process 1 Process 2 The end

Q:

How can communication systems facilitate logistics management in the immediate aftermath of situations such as terrorist attacks and natural disasters?

Q:

A deponent is ? A ) One named in a will to carry out the provisions. B ) The testimony of a witness taken out of court under oath / affirmation . C ) An agreement. D ) Someone ordered to a hearing...

Q:

Bond X is noncallable and has 20 years to maturity, a 9% annual coupon, and a $1,000 par value. Your required return on Bond X is 12%; if you buy it, you plan to hold it for 5 years. You (and the...