Which of the Following Statements About Corporate Dissolution Is Incorrect

question 52

Multiple Choice

Which of the following statements about corporate dissolution is incorrect?

• A) A creditor cannot force a corporation into dissolution.
• B) A corporation will be dissolved if all shareholders vote to do so.
• C) A Secretary of State may start an administrative proceeding to dissolve a corporation for failure to pay taxes.
• D) A shareholder may petition a court to dissolve a "deadlocked" corporation.

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