Enterprise Inc. was incorporated with a few minor errors but has substantially met the requirements of the state incorporation statute. This is known as a(n) ________.

Name: Enterprise Inc. was incorporated with a few minor errors but has substantially met the requirements of the state incorporation statute. This is known as a(n) ________.
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Question

Quizplus · Accepted Answer

A de jure corporation is one that has substantially complied with all statutory requirements for incorporation, even if there are minor errors.