Answer to Question 1
The three types of powers every corporation has are express, incidental, and implied powers. Express powers are determined by the law under which a corporation is formed and the corporation's articles of incorporation. A corporation's incidental powers are those that are incidental to its express powers or essential to its existence as a corporation. Implied powers are those that enable a corporation to do all acts reasonably necessary for carrying out the purpose for which the corporation was formed.
Answer to Question 2
C