Which of the following would generally be considered an express power of a corporation?
A) opening a bank account
B) issuing notes and bonds
C) purchasing advertisement
D) purchasing insurance
Correct Answer:
Verified
Q47: The Revised Model Business Corporation ACT (RMBCA)
Q48: Which of the following is true of
Q49: Which of the following is true of
Q50: Incorporators cannot become shareholders of the corporation
Q51: An act by a corporation that is
Q53: _ are powers beyond express powers that
Q54: The articles of incorporation must contain the
Q55: Any corporation with more than 100 shareholders
Q56: Explain how articles of incorporations may be
Q57: According to the RMBCA, only corporations with
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