Which of the following is included in the articles of incorporation?
A) The number of shares a corporation is authorized to issue
B) The standards for declaring dividends
C) The procedures for calling special meetings of shareholders
D) The procedures for maintenance of share records
Correct Answer:
Verified
Q21: John is the promoter of Wheelies Corp.
Q22: Under the Model Business Corporation Act,a corporation's
Q23: When a promoter is liable on a
Q24: A party who makes a preincorporation contract
Q25: The fiduciary duty to the corporation is
Q27: A promoter:
A)may have liability on the contracts
Q28: Rice is a promoter of a corporation
Q29: A clause in a contract that states
Q30: Joe is the promoter of New Corporation
Q31: A preincorporation share subscription is:
A)a contract binding
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