Which of the following is false regarding the question presented in the Case Opener regarding Facebook's status as a corporation?
A) Its corporate status allows it to sue and be sued.
B) Its corporate status allows it to enjoy existence for up to 100 years.
C) Its corporate status allows it to acquire property.
D) Its corporate status allows it to make contracts.
E) Its corporate status allows it to make charitable donations.
Correct Answer:
Verified
Q11: If over 50% of the shareholders die,
Q12: Under the United States Constitution and mores
Q13: Which of the following was the result
Q14: The only authority possessed by corporations is
Q15: Shareholders may not be held personally liable
Q17: Stock for sale to the general public
Q18: Among the shareholders of an S corporation,
Q19: A statement of purpose grants a corporation
Q20: The determination of who has the power
Q21: The FDIC is an example of what
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