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    Exam 42: Organization and Financial Structure of Corporations
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    When the Promoters of a Business Substantially Comply with Each
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When the Promoters of a Business Substantially Comply with Each

Question 66

Question 66

Multiple Choice

When the promoters of a business substantially comply with each of the mandatory conditions precedent to the incorporation of the business,a(n) ________ corporation is formed.


A) "S"
B) de jure
C) de facto
D) estoppel

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