A corporation generally can engage in any act and enter into any contract available to a natural person.

Question

Quizplus · Accepted Answer

The legal concept of corporate personhood allows a corporation to have many of the same rights and responsibilities as an individual, including the ability to enter into contracts and engage in a wide range of activities. However, there may be certain limitations or restrictions placed on corporations by laws and regulations.

A Corporation Generally Can Engage in Any Act and Enter