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With reference to the concept of 'corporate capacity' select the INCORRECT statement: Select one: Corporate capacity is lost when directors/ shareholders act fraudulently Corporate capacity

With reference to the concept of 'corporate capacity' select the INCORRECT statement:

Select one:

Corporate capacity is lost when directors/ shareholders act fraudulently

Corporate capacity is only attained when a company becomes listed on the ASX

Corporate capacity was demonstrated in the case of Salomon v Salomon & Co Ltd

Corporations Act s 124 gives rise to corporate capacity

Corporate capacity creates a legal barrier between the company and its decision makers

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