A corporation is recognized as a legal person. True False

Which of the following is not true of a corporation? Oa. It may enter into binding legal contracts in its own name. Ob. It may sue and be sued. c. The acts of its owners bind the corporation. Od. It may buy, own, and sell property.

What is not-for-profit corporation?

What is a subsidiary corporation.

Define closely held corporation

Describe the differences between a Subchapter S corporation and a Subchapter C corporation.

The indenture is the written agreement between Blank______. Multiple choice question. the corporation and regulatory bodies the corporation and its creditors creditors and shareholders the corporation and its shareholders

How a corporation is different from a partnership in terms of owner, legal status, liabilities, life, regulation, access to capital, taxation and transfer

true or false ?

A corporation is a separate entity for accounting purposes but not for legal purposes. True False