Indicate whether the statement is true or false T 32 Under the employment at

Indicate whether the statement is true or false t 32

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Indicate whether the statement is true or false. services.
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__T__ 41. A partner owes to the partnership and the other partners a duty of care. __T__ 42. The members of a limited liability company enjoy limited liability. __T__ 43. A limited liability company can sue or be sued, enter into contracts, and hold title to property. __T__ 44. A corporation is an artificial being. __T__ 45. A corporation whose shares are held by relatively few persons is a close corporation. __T__ 46. A sale of all of a corporation's assets requires the approval of its shareholders. __T__ 47. Shareholders own a corporation. __T__ 48. In certain instances of fraud, a court may "pierce the corporate veil" to hold the shareholders individually liable. __T__ 49. One of the most common forms of securities are bonds issued by corporations. __T__ 50. SEC Rule 10b-5 applies to almost all cases involving the trading of securities. __T__ 51. The key to liability under Section 10(b) of the Securities Exchange Act of 1934 and SEC Rule 10b-5 is whether undisclosed inside information is material.
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