45.Which of the following is a FALSE statement?

A. In a limited partnership, the liability of the limited partners is limited to their investment in the partnership.

B. A one person corporation is illegal in most states as it is not right for one person to hold all corporate offices.

C. In order to from a typical business corporation a document, usually called an "articles of incorporation" must be filed with state authorities.

D. The board of directors is the governing body of the corporation which sets corporate policy.