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Q:
A) It may sue and be sued | B) It may buy, own, and sell property |
C) It may enter into binding legal contracts in its own name | D) The acts of its owners bind the corporation |
Answer: D) The acts of its owners bind the corporation
Explanation:
Explanation:
A corporation is an organization, usually a group of people or a company, authorized to act as a single entity (legally a person) and recognized as such in law.
The acts of its owners bind the corporation is not true about corporation.