A corporation is authorized to act as if it were a single person by the
A) federal government
B) board of directors
C) state in which it is incorporated
D) business plan

Question

Quizplus · Accepted Answer

Corporations are considered legal entities that can act as a single person, and this status is granted by the state in which they are incorporated, not by the federal government, their board of directors, or their business plan.

A Corporation Is Authorized to Act as If It Were