The Model Business Corporation Act has been adopted by all of the states in the United States,thereby making state incorporation statutes uniform throughout the United States.
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Q13: In the absence of contractual restrictions,shares in
Q14: A corporation owned by one person is
Q15: A corporation has perpetual existence unless otherwise
Q16: A corporation can be formed in the
Q17: The modern approach follows the common law
Q19: When a shareholder sells the stock of
Q20: Zeron Corporation is incorporated in West Virginia.It
Q21: A nonprofit corporation may make a profit,but
Q22: The "corporate veil" is most likely to
Q23: The Model Business Corporation Act provides for
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