Multiple Choice
Deepwater Dredging & Excavation holds itself out to others as being a corporation but makes no attempt to incorporate.Estuary Marina signs a contract with Deepwater that is not performed.Estuary Marina files a suit against the firm.The court will likely hold that Deepwater is
A) a corporation by estoppel.
B) an alien corporation.
C) an S corporation.
D) ultra vires.
Correct Answer:
Verified
Correct Answer:
Verified
Q12: The articles of incorporation serve as a
Q13: Like the bylaws of other corporations,the bylaws
Q14: The shares of Home Mortgage Corporation are
Q17: Neci and Olwen want to form and
Q18: The registered agent is the person who
Q20: Preferred stock is included among the liabilities
Q21: Hudson and Ilka want to market a
Q31: Agents and employees of Deco Arts Corporation
Q39: Equestrian Stables Corporation's articles list an incorrect
Q42: One of the key advantages of the