Multiple Choice
A court may hold that a defective corporation is a[n] ________ in order to prevent it from claiming it is not a corporate entity in order to escape liability to a third party.
A) De jure corporation
B) De facto corporation
C) Corporation by estoppel
D) Corporation by reservation
E) Inactive corporation
Correct Answer:
Verified
Correct Answer:
Verified
Q10: Discuss the rights of corporations, if any,
Q11: _ occurs when both a corporation pays
Q12: Which of the following is false regarding
Q13: Shareholders adopt a set of corporate bylaws
Q14: Regarding Société Anonymes (SA) companies in France,<br>A)
Q16: Under United States laws, corporations are legal
Q17: What is the difference between a promoter
Q18: Corporations have many express powers. Which of
Q19: A statement of purpose grants a corporation
Q20: [Horse Tracks] Min-ji, Marcus, and Penelope decided