What does the term "corporate powers" include according to the Revised Corporation Code?

The term "corporate powers" according to the Revised Corporation Code encompasses the broad authority for a corporation to conduct business and manage its assets effectively. This includes a variety of activities essential for the operation and sustainability of the corporation, such as making investments, entering into contracts, acquiring property, and executing transactions necessary for business success.

A corporation’s ability to conduct business implies that it can engage in various commercial activities defined within its articles of incorporation and necessary for achieving its corporate objectives. Moreover, the management of assets involves overseeing the corporation's property and resources to ensure their strategic use and growth, which are crucial for the company's viability and profit generation.

The other choices reflect narrower aspects of corporate powers rather than the comprehensive view encapsulated by the correct answer. For instance, the authority to issue shares, while important, is just one of many functions a corporation can perform. Similarly, solely entering contracts or engaging in charitable activities does not fully represent the complete spectrum of powers that enable a corporation to manage its operations effectively. Thus, the correct understanding of "corporate powers" is best represented by the authority to conduct business and manage assets.