A corporation is terminated if a shareholder dies,becomes insane or goes bankrupt.
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Q7: The board of directors makes policy decisions
Q9: Corporations are the most dominant form of
Q10: The shareholders of a corporation are not
Q12: A corporation can sue or be sued
Q13: A corporation cannot be found civilly or
Q15: Shareholders may agree among themselves as to
Q16: A corporation cannot enter into or enforce
Q17: One major characteristic of corporations is that
Q18: A corporation is a legal person for
Q19: Corporate shares are freely transferable by a
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