Which is not true of a corporation, Financial Accounting

Q. Which of the following is not true of a corporation?
a. It may buy, own, and sell property.
b. It may sue and be sued.
c. The acts of its owners bind the corporation.
d. It may enter into binding legal contracts in its own name.

Posted Date: 2/19/2014 2:28:33 AM | Location : United States







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