menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Business Law
  4. Exam
    Exam 32: Corporate Formation and Financing
  5. Question
    The State Can Suspend the Entity's Corporate Status Until the Taxes
Solved

The State Can Suspend the Entity's Corporate Status Until the Taxes

Question 7

Question 7

True/False

The state can suspend the entity's corporate status until the taxes are paid or even dissolve the corporation for failing to pay taxes.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q2: In corporate law,acts of a corporation that

Q3: Bread & Brews,Inc.,files its articles of incorporation

Q4: The corporation is a creature of the

Q6: Boutique Bodega Corporation would like to change

Q8: There are no important consequences if the

Q9: The alter-ego theory is applied when a

Q10: Qiara is a holder of preferred stock

Q12: The articles of incorporation serve as a

Q37: ​A publicly held corporation is any corporation

Q42: One of the key advantages of the

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines