Final answer:
The exception among the attributes of a corporation is that it is allowed only those powers, attributes, and properties that are expressly authorized by law; it does not inherently possess rights beyond legal authorization.
Step-by-step explanation:
The question pertains to the attributes of a corporation, a formal, legal arrangement recognized as a separate legal entity from its owners or shareholders. A corporation is characterized by several attributes, three of which are mentioned as options in the question, and one that does not fit. The attributes of a corporation include being created by an agreement of the incorporators, being an artificial being recognized by law, and having a right to succession, meaning it can continue existing even if ownership or management changes. Corporations also have the power and attributes to operate, as granted by law or by virtue of their existence.
However, the statement "Has powers, attributes and properties expressly authorized by law or incident to its existence" might be slightly misleading as it also implies that a corporation has certain inherent powers beyond what is expressly authorized by law, which is incorrect. Therefore, the exception among the options given would be that a corporation is only allowed powers, attributes, and properties expressly authorized by law; they do not inherently possess these rights beyond legal authorization. This legality ensures that corporations operate within a framework established by statutory law and regulations.