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  • Question
  • Which of the following is not true of a corporation?


  • Options
  • A. It may sue and be sued
  • B. It may buy, own, and sell property
  • C. It may enter into binding legal contracts in its own name
  • D. The acts of its owners bind the corporation

  • Correct Answer
  • The acts of its owners bind the corporation 

    Explanation

    A corporation is an organization, usually a group of people or a company, authorized to act as a single entity (legally a person) and recognized as such in law.

     

    The acts of its owners bind the corporation is not true about corporation.

  • Tags: AIEEE, Bank Exams, CAT, Analyst, Bank Clerk, Bank PO

    Basic General Knowledge problems


    Search Results


    • 1. Which network partnered with Google for expanding WiFi footprint?

    • Options
    • A. JIO
    • B. BSNL
    • C. IDEA
    • D. AIRTEL
    • Discuss
    • 2. BIMSTEC members are
    • Discuss
    • 3. Spalling hammer is used for

    • Options
    • A. Rough dressing of stones
    • B. Breaking small projection of stones
    • C. Driving wooden headed chisels
    • D. Carving of stones
    • Discuss
    • 4. Which device is called silico sapiens?

    • Options
    • A. Computer
    • B. Robot
    • C. Moniter
    • D. Hardware
    • Discuss
    • 5. Which state is the largest Coffee producer in India?

    • Options
    • A. Assam
    • B. Kerala
    • C. Karnataka
    • D. Andhra Pradesh
    • Discuss
    • 6. The motif of Hampi with Chariot is printed on the reverse of which currency note?

    • Options
    • A. Rs. 100 Note
    • B. Rs. 1000 Note
    • C. Rs. 50 Note
    • D. Rs. 500 Note
    • Discuss
    • 7. The gift of Nile river is

    • Options
    • A. Africa
    • B. Japan
    • C. Egypt
    • D. Korea
    • Discuss
    • 8. Where is the headquarters of Youtube?

    • Options
    • A. China
    • B. Japan
    • C. India
    • D. United States
    • Discuss
    • 9. Which among the following body regulates Mutual Funds in India?

    • Options
    • A. SEBI
    • B. RBI
    • C. AMFI
    • D. NABARD
    • Discuss
    • 10. Who had introduced yoga first time to western world in a religion conference Chicago, America in 1893?

    • Options
    • A. Baba Ramadev
    • B. Maharshi Patanjali
    • C. Swami Vivekananda
    • D. Narendra Modi
    • Discuss


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