All of the following are characteristics of a corporation EXCEPT:
A) it has perpetual existence.
B) it is a legal entity of its own.
C) it is able to be sued and to sue.
D) it is usually managed by its owners.
Correct Answer:
Verified
Q8: Bylaws are rules governing a corporation's internal
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Q21: Under Subchapter S of the Internal Revenue
Q28: A corporation has no constitutional protection against
Q29: A corporation whose principal place of business
Q36: Most states have special incorporation statutes governing
Q38: In many states,the services of the incorporators
Q41: The charter of the corporation is required
Q51: Which of the following is the basic
Q59: A corporation formed in substantial compliance with
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