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irga5000 [103]
3 years ago
15

According to _____________, as an entity separate and distinct from its owners, the corporation acts under its own name rather t

han in the name of its stockholders. A) Ability to acquire capital B) Limited liability of stockholders C) Separate legal existence D) Continuous life E) Transferable ownership rights
Business
1 answer:
mario62 [17]3 years ago
3 0

Answer:

According to _____________, as an entity separate and distinct from its owners, the corporation acts under its own name rather than in the name of its stockholders.

C) Separate legal existence

Explanation:

This separate legal existence means that before the law, a corporation is a distinct person, just like every other person, with rights and obligations.  It can enter into binding contracts.  It can perform business activities within the ambits of the law.  It has its own name and personality that is not intertwined with those of the owners or stockholders.  It enjoys a continuous lifespan that can only be liquidated under the laws.

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Gabriel should speak with decision makers ahead of time to find out what they want and expect.

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3 years ago
The payment to entrepreneurship is called
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3 years ago
How is the American Disability Act important in the health field
Stels [109]
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3 years ago
Baylor Bank believes the New Zealand dollar will appreciate over the next 15 days from $.90 to $.93. The following annual intere
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2 years ago
After receiving the seller’s transfer disclosure statement, buyer clark rivers is not satisfied that all has been revealed. he’s
Neporo4naja [7]

Answer:

Both b. and c.

That is

b. i’m sorry, but the transfer disclosure statement covers all material facts that must be disclosed, and a person having aids is not a material fact, whether or not it would be applicable in this situation.

c. i’m sorry, but i am not permitted to answer this question, as it could be a potential civil rights violation, under the federal and state fair housing laws.

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In the given instance the buyer if the property is asking if the previous tenant had AIDS and wants to use this information in the purchasing process. This is illegal and could result in legal action due to civil rights violation. Discrimination is not allowed in deciding to do business with another party, and the buyer is trying to discriminate on the grounds that the previous owner had AIDS.

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