Describe why is it possible for a corporation to enter into contracts, acquire assets, incur obligations, and enjoy protection against the seizure of its property?
Generation 1 (Grandparents) ┌── ─── │ │ │ │ │ └── │ │ │ └── Generation 2 │ │
Generation 1 (Grandparents) ┌── ─── │ │ │ │ │ └── │ │ │ └── Generation 2 │ │ │ └── Children: │ │ ┌── │ │ │ └── │ │ └── │ │ └── , │ │ └── Godparents: │ Generation 3 (Parents) ┌── ─── │ │ Grandfather (