Multiple Choice
According to the MBCA,who amongst the following is liable for a defective corporation's contracts and torts?
A) A shareholder manager who knows that the corporation does not exist.
B) A passive shareholder who knows that the corporation does not exist.
C) A nonshareholder manager who believes that the corporation exists.
D) A member of the board of directors who believes that the corporation exists.
Correct Answer:
Verified
Correct Answer:
Verified
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