Multiple Choice
Which of the following statements about corporate dissolution is incorrect?
A) A creditor cannot force a corporation into dissolution.
B) A corporation will be dissolved if all shareholders vote to do so.
C) A Secretary of State may start an administrative proceeding to dissolve a corporation for failure to pay taxes.
D) A shareholder may petition a court to dissolve a "deadlocked" corporation.
Correct Answer:
Verified
Correct Answer:
Verified
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