menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Dynamic Business Law
  4. Exam
    Exam 38: Corporations: Formation and Financing
  5. Question
    A Promoter Is Not Permitted to Enter into Contracts
Solved

A Promoter Is Not Permitted to Enter into Contracts

Question 42

Question 42

True/False

A promoter is not permitted to enter into contracts.

Correct Answer:

verifed

Verified

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

Related Questions

Q19: A statement of purpose grants a corporation

Q37: Which of the following is false regarding

Q38: Which of the following adopts corporate bylaws?<br>A)Officers<br>B)Incorporators<br>C)Shareholders<br>D)Promoters<br>E)Directors

Q38: Stock for sale to the general public

Q40: Yolanda is a shareholder in a corporation

Q43: [Shaky Bicycles] Lena is an incorporator who

Q44: Louisa runs a corporation which sells bracelets

Q46: Regarding management of a corporation,which of the

Q47: A document a corporation files with the

Q79: What are the six express corporate powers,

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