In order to capitalize a newly formed corporation,the company will usually seek cash in exchange for equity securities,debt securities,or both.
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Q2: Promoters are personally liable on a preincorporation
Q4: Watered shares are shares issued for consideration
Q12: Two corporations in a state may have
Q13: Regardless of what state a corporation files
Q16: Memberships in a nonpublic corporation are freely
Q17: Mandatory dividend provisions enacted in corporate laws
Q18: Corporations are generally liable on preincorporation contracts
Q20: If the secretary of state's office approves
Q21: John is the promoter of Wheelies Corp.
Q23: When a promoter is liable on a
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