Multiple Choice
Which of the following is true regarding incorporation?
A) A corporation must be incorporated in the state in which it has its principal place of business.
B) Laws regarding incorporation and the rights and duties of corporations are uniform from state to state.
C) Since the mid-1930s,Delaware has been considered the preeminent state for incorporation.
D) Incorporation may be done pursuant to common law as well as statute.
Correct Answer:
Verified
Correct Answer:
Verified
Q49: A(n)_ is created when two or more
Q50: A(n)_ is a for-profit corporation that uses
Q51: A corporation that is technically defective but
Q52: The _ theory applies to the situation
Q53: B corporations have no duty to maximize
Q54: In Estate of Countryman v.Farmers Cooperative Association,the
Q56: An outside director is also known as
Q57: A member of the board who also
Q58: Which of the following involves settling accounts
Q59: Appraisal rights are only available to shareholders