Which one of the following is not a theory of corporate personality?
Fiction theory, bracket theory and realist theory are theories explaining corporate personality. "Will Theory" is a theory of legal rights, which explains a right as the…
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Which one of the following is not a theory of corporate personality?
Answer and explanation
Correct answer D
Fiction theory, bracket theory and realist theory are theories explaining corporate personality. "Will Theory" is a theory of legal rights, which explains a right as the protection of the holder's will, so it is not a theory of corporate personality.
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