Which capacity does a corporation possess after it is legally formed?

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Upon legally forming a corporation, it acquires a range of capacities that are essential for its operation as a legal entity. The corporation has the right to enter into contracts, allowing it to negotiate and bind itself legally to agreements just like an individual. This capacity is crucial for conducting business activities, such as purchasing goods, hiring employees, and securing financing.

Furthermore, a corporation has the ability to own property, which means it can hold assets under its name. This ownership is vital for business operations as it enables the corporation to acquire real property, equipment, and intellectual property necessary for its enterprise.

In addition to these rights, a corporation can also issue trademarks as part of its branding and marketing strategy. Trademarks are important for establishing a recognizable identity in the marketplace, allowing the corporation to protect its brand from unauthorized use by others.

Given these interconnected capabilities—entering contracts, owning property, and issuing trademarks—it's evident that after legal formation, a corporation possesses all these rights and capacities, thereby justifying the inclusion of "All of the above" as the correct answer. Each capacity plays a significant role in the functioning and legitimacy of a corporation within the legal and commercial landscape.

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