Question
Which of the following is not true of a corporation? a. It may buy, own, and sell property. b. It may sue and be sued.
Which of the following is not true of a corporation?
a. It may buy, own, and sell property.
b. It may sue and be sued.
c. The acts of its owners bind the corporation.
d. It may enter into binding legal contracts in its own name.
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Answer c The acts of its owners bind the corporation Explanation A corporation is an asso...Get Instant Access to Expert-Tailored Solutions
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Human Biology
Authors: Sylvia S. Marder, Michael Windelspecht
13th edition
73525480, 978-0073525488
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