Which theory of legal personality contemplates that the law is the only source from which legal…
The "Concession theory" holds that a corporation's legal personality flows only from the law or the State as a concession.
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Which theory of legal personality contemplates that the law is the only source from which legal personality of corporation may flow?
Answer and explanation
Correct answer A
The "Concession theory" holds that a corporation's legal personality flows only from the law or the State as a concession.
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