A corporation can be dissolved:

Name: A corporation can be dissolved:
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Question

Quizplus · Accepted Answer

A corporation can be dissolved through any of these methods. The board of directors can vote to dissolve the corporation with shareholder approval, the secretary of state can dissolve the corporation for certain failures such as failure to file necessary reports or pay taxes, and a judicial proceeding can also result in the dissolution of the corporation. Therefore, all of these options are correct.

A Corporation Can Be Dissolved