A _____ existed when there was an honest attempt to comply with the mandatory provisions of the corporate statute, yet the attempt still failed in some material respect.
A) de jure corporation
B) de facto corporation
C) corporation by estoppel
D) close corporation
Correct Answer:
Verified
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
Q37: Under the revised Model Business Corporation Act,
Q39: Which of the following statements is true
Q40: Which of the following is a useful
Q41: Which of the following would be a
Q42: Mention the requirements that are essential for
Q43: In the context of the preincorporation process,
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