Regarding the privilege of incorporation (the right to organize an enterprise in the corporate form) ,all of the following are true except
A) It gives a business firm limited liability, perpetual life and the rights of a citizen.
B) It is not provided for directly by the Constitution because, apart from state governments,the Constitution made no provisions for groups.
C) It is provided for at all levels of government-federal, state and local.
D) There is no "except"; all of the above are true.
Correct Answer:
Verified
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