Under which of the following circumstances would a court likely not enforce involuntary dissolution of a corporation.
A) The articles of incorporation were forged.
B) The directors abused their power.
C) Failure to pay taxes within forty-five days of the due date.
D) The corporation is insolvent.
E) Gridlock over an issue persists among the directors.

Question

Quizplus · Accepted Answer

Failure to pay taxes within a short period, like forty-five days, is typically not sufficient grounds for involuntary dissolution, as it can often be remedied without dissolving the corporation.

Under Which of the Following Circumstances Would a Court Likely