A corporation is a domestic corporation in the state in which it is incorporated.
Correct Answer:
Verified
Q8: Bylaws are rules governing a corporation's internal
Q9: Most incorporation statutes have adopted an intermediate
Q10: A promoter is a person who takes
Q11: The doctrine of ultra vires is of
Q12: An ultra vires act is beyond
Q14: A corporation is a creature of the
Q15: A corporation has perpetual existence unless otherwise
Q16: Promoters have a fiduciary relationship with the
Q17: The Model Business Corporation Act is a
Q18: A promoter who enters a preincorporation contract
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents