A person who purports to act on behalf of a terminated corporation has the liability of a person acting for a corporation prior to its incorporation.
Correct Answer:
Verified
Q13: Minutes of the meetings are usually kept
Q14: Only those shareholders who sign a shareholder
Q15: A corporation may not declare and distribute
Q16: A proxy is appointed by the corporation
Q17: Most state statutes and the Model Business
Q19: Corporations must give notice of the annual
Q20: The per share value of the shares
Q21: The two most common classes of shareholders
Q22: Which of the following is true about
Q23: When the board of directors of a
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