Asked by Jackson O'Brien on Jun 12, 2024
Verified
Which of the following legal provisions treats a corporation as a person?
A) Corporation law
B) The law of contract
C) The Constitution of the United States
D) The law of torts
Constitution
The core rules or established traditions that govern how a state or any other organization is managed.
Corporation Law
Legal principles that govern the formation, operation, and dissolution of corporations.
Person
An individual human being, but in legal contexts, can also refer to entities recognized by law, such as corporations.
- Comprehend the legal identity of corporations and their entitlements.
Verified Answer
JA
Jessica AnguianoJun 18, 2024
Final Answer :
C
Explanation :
A corporation is a legal person and a legal entity independent of its owners (shareholders)and its managers (officers and the board of directors).Its life is unaffected by the retirement or death of its shareholders,officers,and directors.A corporation is a person under the Constitution of the United States.
Learning Objectives
- Comprehend the legal identity of corporations and their entitlements.