Question 1 of 30 S1: A corporation acts under its own name rather than in the name of its shareholders. S2: Subscribed shares that are put under auction for failure of a subscriber to make good (or pay in full) his subscription is called delinquent shares. Select the correct response: O S1 & S2 are True O S1 is False; S2 is True O S1 is True; S2 is False O S1 & S2 are False