The uniform law,issued in 1984 by the Committee on Corporate Laws of the American Bar Association,that regulates the formation,operation,and termination of corporations is:
A) the Model Business Corporation Act
B) the Uniform Commercial Code
C) the Revised Model Business Commercial Code
D) the Standard Incorporation Act
Correct Answer:
Verified
Q42: A private corporation is one which:
A) has
Q43: Termination only occurs after the winding up
Q44: A foreign corporation is one that:
A) is
Q45: If a corporation is properly incorporated in
Q48: An "ultra vires" act will generally cause
Q48: A "closely held corporation" is a corporation
Q49: A professional corporation is one that:
A) is
Q50: Which of the following is not true
Q51: Corporations' express powers come from both federal
Q52: A voluntary dissolution of a corporation generally
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