As a legal entity,a corporation can be held liable for the acts of its directors and officers and for authorized contracts entered into on its behalf.

Question

Quizplus · Accepted Answer

This is because a corporation is a separate legal entity from its directors and officers, and is responsible for its own actions and obligations. As such, it can be held liable for the acts of its agents, including its directors and officers, as well as for contracts that are entered into on its behalf by authorized individuals.

As a Legal Entity,a Corporation Can Be Held Liable for the Acts