Multiple Choice
The case of Harris v. Looney dealt with the issue of:
A) a de facto corporation.
B) defective incorporation.
C) personal liability for a debt by a person purporting to act as or on behalf of a corporation, knowing no corporation existed.
D) the effect of an ultra vires act.
Correct Answer:
Verified
Correct Answer:
Verified
Q33: Name the classifications of corporations.
Q62: A corporation has no constitutional protection against
Q69: Mark complied with all formation requirements for
Q70: Under Subchapter S of the Internal Revenue
Q71: Use of "Stewart and Woods, Ltd." as
Q72: All of the following are characteristics of
Q74: Identify and give the basic characteristics of
Q76: All of the following are true of
Q77: Carroll, Daniels, and Elmore organized their veterinary
Q78: The possible consequences of a defective incorporation