A corporation is required to maintain a separate identity because - 2672

Solution Posted by
UoPExpert

UoPExpert

Rating : (2)F
Solution Detail
Price: $1.30
  • From: ,
  • Posted on: Tue 20 Mar, 2012
  • Request id: None
  • Purchased: 0 time(s)
  • Average Rating: No rating
Request Description

A corporation is required to maintain a separate identity because 

A. corporations are entities created by statute to limit the personal liability of investors 

B. if they do not maintain the separate identity, they become alien corporations 

C. corporations have perpetual existence 

D. corporations can act only through officers 

Solution Description

A corporation is required to maintain a separate identity because