A corporation is automatically bound to its promoters' contracts as soon as the corporation is formed.
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Q53: A large corporation will typically choose to
Q54: The bylaws can be adopted by either
Q55: Corporations formed under general incorporation laws cannot
Q56: A corporation's express powers represent only those
Q57: "Par value" is usually an accurate measure
Q59: "Preferred" stock can be issued in different
Q60: A promoter is automatically released from liability
Q61: Owners of corporations are called _.
A) employees
B)
Q62: A note is a long-term debt security
Q63: The Secretary of State has no power
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