Multiple Choice
Orel incorporates his business as Posts & Wire Corporation in Texas.He and his group of shareholders intend to make a profit from their sales of fencing materials.Posts & Wire is
A) a nonprofit corporation.
B) not a corporation.
C) an alien corporation.
D) a private corporation.
Correct Answer:
Verified
Correct Answer:
Verified
Q20: Preferred stock is included among the liabilities
Q21: Hudson and Ilka want to market a
Q22: The Revised Model Business Corporation Act gives
Q23: Tech Personnel,Inc.,is a corporation.Tech Personnel's implied powers
Q26: Voting rights in a corporation apply only
Q27: Rhys owns Solar Fuel Corporation.Rhys uses Solar
Q28: Bonds represent the borrowing of funds by
Q29: A foreign corporation normally does not need
Q30: Miracle Mobile Devices,Inc.,is a private,for-profit corporation that
Q64: Preferred stock is an equity security with