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32.
(p. 842)
Which of the following is a corporation that has not substantially met the requirements of
the state incorporation statute, but courts recognize it as a corporation for most purposes to
avoid unfairness to third parties who believed it was properly incorporated?
33.
(p. 837)
Which of the following is
false
regarding requirements needed for a business to qualify as
an S corporation?
34.
(p. 841)
Which of the following adopts corporate bylaws?
35.
(p. 837-838)
Which of the following is
false
regarding promoters?
36.
(p. 840)
Which of the following is an individual who applies to the state for incorporation on behalf
of a corporation?
37.
(p. 840)
Which of the following in the corporate formation process provides basic information
about the corporation?
38.
(p. 840)
Which of the following is
not
required in a corporation's articles of incorporation under
the Revised Model Business Corporation Act?
39.
(p. 841)
Which of the following is true regarding corporate structure in Germany?
40.
(p. 841)
When a corporation is incorporated, the secretary of state usually issues a[n] ____, a
document certifying that the corporation is incorporated in the state and is authorized to conduct
business.
41.
(p. 841)
Corporate ______ are rules and regulations that govern the corporation's internal
management.
42.
(p. 841)
If the incorporator or promoters make an error or omission during the incorporation
process, courts may rule that the organization is not a corporation, in which case the organization
may be ruled a[n] ______ corporation.
43.
(p. 841-842)
Which of the following is a corporation that, with minor errors, has substantially
met the requirements of the state incorporation statute?
44.
(p. 842)
Only the state can challenge a
de facto
corporation's existence as a corporate entity in a
suit called an action of ____.
45.
(p. 843)
A court may hold that a defective corporation is a[n] ______ in order to prevent it from
claiming it is not a corporate entity in order to escape liability to a third party.
46.
(p. 845)
Which of the following types of securities represent loans to a corporation?
47.
(p. 845)
Which of the following types of securities represent ownership in a corporation?
48.
(p. 845)
Which of the following is another name for debt securities?
49.
(p. 845)
Which of the following is
not
a type of bond that a corporation may issue?
