As a legal entity, a corporation can perform the following functions EXCEPT:
A)borrow money and lend money.
B)borrow money, lend money, and sue and be sued.
C)vote.
D)borrow money, lend money, sue and be sued, and vote.

Question

Quizplus · Accepted Answer

Corporations have the ability to borrow and lend money, as well as sue and be sued. However, they do not have the ability to vote, as voting is a function of individuals and not legal entities.

As a Legal Entity, a Corporation Can Perform the Following