Which of the following is a corporation that has not substantially met the requirements of the state incorporation statute,but courts recognize it as a corporation for most purposes to avoid unfairness to third parties who believed it was properly incorporated?
A) A de jure corporation
B) A corporation by reservation
C) A corporation by estoppel
D) A de facto corporation
E) An inactive corporation
Correct Answer:
Verified
Q41: Which of the following adopts corporate bylaws?
A)Officers
B)Incorporators
C)Shareholders
D)Promoters
E)Directors
Q42: An individual who applies to the state
Q43: Rules and regulations that govern the corporation's
Q44: Which of the following is false regarding
Q45: In the corporate formation process,which of the
Q47: In the state in which it is
Q48: When a corporation is incorporated,the secretary of
Q49: What do nonprofit corporations do with profits?
A)Provide
Q50: In states in which it conducts business
Q51: Two sisters and their parents own an
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