In a de facto corporation,the promoters substantially complied with all mandatory provisions.
Correct Answer:
Verified
Q2: An enterprise that conducts its affairs in
Q3: Under the right of first refusal,either the
Q3: A court may pierce the corporate veil
Q4: Under the MBCA,the corporation can issue shares
Q6: Which of the following types of corporations
Q7: A municipal corporation:
A) is formed and operated
Q10: The corporation is viewed as the alter
Q11: A corporation that merges into another is
Q11: Both nonprofit corporations and nontaxing governmental corporations
Q12: Nonprofit corporations:
A)are similar to nontaxing governmental corporations.
B)are
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