Lack of mutual agoncy is best describod as which of the following? A. The labilities of the corporation cannot be extended to the personal assets of the stockholder OB. Corporations pay income tiK on corporate eamings, nd shareholders pay income tax on corporiate dividend OS Sharen of stock can be readily purchased nd sold by iwestors on an organized stock exchange OD. Stockholden are not authorized to sign contracts or make business commitments on behalf of the corporation