All business corporations derive their existence from the:
A) Commerce Clause of the U.S. Constitution.
B) common law.
C) state in which they are incorporated.
D) federal government.
Correct Answer:
Verified
Q26: Which of the following steps governing the
Q27: Joey and his partners have started a
Q28: Before a corporation comes into existence, it
Q29: A basic principle of corporation law is
Q30: Under the revised Model Business Corporation Act
Q32: Massachusetts courts require that the parties expressly
Q33: According to the Model Business Corporation Act
Q34: Under general incorporation laws, _.
A) incorporation is
Q35: A de facto corporation:
A) could be challenged
Q36: The bylaws of a corporation:
A) usually set
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