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    Business Law Today Comprehensive Study Set 1
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    Exam 34: Corporate Formation and Financing
  5. Question
    Eager Beaver Corporation Fails to Adopt Bylaws
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Eager Beaver Corporation Fails to Adopt Bylaws

Question 1

Question 1

Multiple Choice

Eager Beaver Corporation fails to adopt bylaws.Under this circumstance,Eager Beaver is most likely


A) a corporation by estoppel.
B) a de facto corporation.
C) a de jure corporation.
D) ultra vires.

Correct Answer:

verifed

Verified

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