A public corporation is: ______.
A) also known as a public utility.
B) organized for charitable and benevolent purposes or for purposes of finance, industry, and commerce.
C) established for governmental purposes and for the administration of public affairs.
D) traded on the Wall Street Stock Exchange.
Correct Answer:
Verified
Q24: A merger is subject to antitrust law,
Q25: The Revised Model Business Corporation Act: _.
A)
Q26: Under recent statutes, the articles of incorporation
Q27: Under the RMBCA, corporate existence begins when
Q28: A corporation that does business in the
Q30: Because _ corporations have a more restricted
Q31: A corporation is _ on a contract
Q32: If two firms consolidate, the new corporation
Q33: A corporation may be an incorporator of
Q34: "Conglomerate" describes the relationship of equal companies
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