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Which of the following statements are true regarding corporations? Note: You may select more than one answer. Single click the box with the question mark

Which of the following statements are true regarding corporations?
Note: You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.
check all that apply
Stockholders do not have the power to bind the corporation to contracts.unanswered
The sale of shares from one stockholder to another does not impact operations. An exception is when it changes the makeup of directors.
Stockholders are expected to hire and fire key executives.unanswered
Owners are personally liable for corporate debts.unanswered
Owners are not agents of the corporation.unanswered
It has many of the same rights as an individual.unanswered
It is a separate legal entity.

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