A corporation: A. is prohibited from entering into contractual agreements. B....

80.2K

Verified Solution

Question

Finance

A corporation:

A.

is prohibited from entering into contractual agreements.

B.

has the right to vote in presidential elections.

C.

has its life limited to the life of its owners.

D.

is a legal entity separate from its owners.

E.

is ultimately controlled by its board of directors.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students