A corporation is a creature of the state and may be formed only by substantial compliance with a state incorporation statute.
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Q14: A corporation is a domestic corporation in
Q15: The modern approach follows the common law
Q16: "Piercing the corporate veil" will result in
Q17: Promoters have a fiduciary relationship with the
Q18: Once a shareholder sells the stock of
Q20: Under the Statutory Close Corporation Supplement to
Q21: A corporation is considered to be a
Q22: A promoter is a person who takes
Q23: Under the Revised Act, the filing of
Q24: The Statutory Close Corporation Supplement to the
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