Eva enters into an agreement with Ron to purchase $5,000 worth of shares in Happy Supermarket Inc. before the incorporation of the Happy Supermarket. The offer is deemed accepted at the moment the supermarket is incorporated. This offer or agreement is also known as _____.
A) the doctrine of ultra vires
B) pre-incorporation stock subscription
C) statement in lieu of prospectus
D) article of incorporation
E) certificate of incorporation
Correct Answer:
Verified
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