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Q: Is a corporation allowed to make contracts but not borrow money?
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What defines a corporation?

A corporation is a legal entity that is distinct from its owners. It has the right to enter into contracts, loan and borrow money, and sue.


States are not allowed to borrow money?

False, states are not allowed to print money


Are states allowed to borrow money?

Yes


What is corporate bonds?

A Corporate Bond is a bond issued by a corporation as a way to borrow money.


What does Xerox Corporation exchange its copiers and service contracts for?

Xerox Corporation exchanges its copiers and service contracts for money, or the promise to pay money in the future. Sometimes they also exchange for a valued service or product. That is called a barter exchange.


To combat a crisis situation in the past congress was allowed to?

Borrow money from the Federal Government


What is the Code of Advertising Practice?

if you are advertising the code is that you are not allowed to borrow any money. the capital has to be raised by you


Can I borrow money from a lawyer?

Well, you can borrow money from anyone if they agree to loan it to you.


Can you borrow money from your pension plan?

Can you borrow against money from your pension plan?


Can you borrow money against grandpa's will that is in probate?

That would be up to the lender. In some cases it would not be allowed. And it is a pretty risky loan.


Why do farmers borrow money from the money lenders?

farmers have to borrow money to purchase seeds,fertilizers and pesticides.


When you buy U.S. government savings bond your doing so under the power given to the congress to?

The power that is given to congress is the ability to borrow money.