A(n)________ is created when people hold themselves out as representing a corporation and a court will prevent them from denying that a corporation exists.
A)de facto corporation
B)de jure corporation
C)corporation by estoppel
D)equitable corporation

Question

Quizplus · Accepted Answer

When people hold themselves out as representing a corporation or believe themselves to be dealing with a corporation,a court will estop those people from denying the existence of a corporation.This is called corporation by estoppel.

A(n)________ Is Created When People Hold Themselves Out as Representing