Question

Under the corporate form of business organization,

a.stockholders wishing to sell their corporation shares must get the approval of other stockholders.
b.stockholders' acts can bind the corporation even though the stockholders have not been appointed as agents of the corporation.
c.stockholders wishing to sell their corporation shares need not get the approval of other stockholders, thus making it easy to transfer ownership rights.
d.a stockholder is personally liable for the debts of the corporation.

Answer 1

Answer: I found the complete and correct question:

Under the corporate form of business organization:

A A stockholder is personally liable for the debts of the corporation.

B The corporation's life is stipulated in its charter.

C Stockholders' acts can bind the corporation even though the stockholders have not been appointed as agents of the corporation.

D Stockholders wishing to sell their corporation shares must get the approval of other stockholders.

Explanation: The correct answer is "B The corporation's life is stipulated in its charter. ".

Under the type of corporate organization of "corporation", the time for which the life of the company passes is expressly established in its statutes, as well as the other stipulations that are made on the organization of the company.