Welding Corporation makes a good faith attempt to incorporate but there is a defect in its incorporation. Welding undertakes business as a corporation. In this circumstance, the firm's existence may be challenged by
A) any third party.
B) the state.
C) a director, officer, or shareholder.
D) any corporation with which it does business.
Correct Answer:
Verified
Q37: A corporation's authority to act and its
Q38: To pierce the corporate veil means to
Q39: A corporation is
A)a natural being.
B)a tangible thing.
C)an
Q40: The primary document needed to incorporate a
Q41: Most likely to appear in the articles
Q43: Metro Moving Service holds itself out to
Q44: Local Oil Inc. is a private, for-profit
Q45: Precision Pipe Inc.'s stated purpose is to
Q46: Any corporation whose shares are publicly traded
Q47: To prevent a majority shareholder from dominating
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