A “legal entity” which can sue and be sued, make and be party to contracts, and acquire property in its own name is
A. a sole proprietorship.
B. a partnership.
C. a corporation.
D. a professional partnership.
Answer:C
A “legal entity” which can sue and be sued, make and be party to contracts, and acquire property in its own name is
A. a sole proprietorship. B. a partnership. C. a corporation. D. a professional partnership.