According to the MBCA,which of the following may,rather than must,be included in the articles of incorporation?
A) The number of shares that the corporation has authority to issue
B) The name and address of each incorporator
C) The address of the initial registered office of the corporation
D) The names and addresses of the individuals who are to serve as the initial directors
Correct Answer:
Verified
Q30: Joe is the promoter of New Corporation
Q31: A preincorporation share subscription is:
A)a contract binding
Q32: Which of the following occurs at a
Q33: A promoter owes a fiduciary duty to
Q34: The basic governing document of the corporation
Q36: Generally,corporate acceptance of preincorporation subscriptions occurs by
Q37: Sharon entered into a preincorporation share subscription
Q38: A(n)_ occurs when a corporation accepts a
Q39: On preincorporation share subscriptions:
A)promoters have no liability.
B)promoters
Q40: Under the Model Business Corporation Act (MBCA),a
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