Involuntary Dissolution of a Corporation That Is Ordered by the Secretary

question 20

Short Answer

Involuntary dissolution of a corporation that is ordered by the secretary of state if a corporation has failed to comply with certain procedures required by law is known as ________.

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Definitions:

Tacit Knowledge

Knowledge that is difficult to transfer to another person by writing it down or verbalizing it; often acquired through personal experience.

Academic Success

The achievement of educational goals, such as high grades, completion of degrees, or acquisition of knowledge and skills.

Entrance Exams

Standardized tests used by educational institutions to assess an individual's readiness or qualification for admission.

Cognitive Biases

Systematic patterns of deviation from norm or rationality in judgment, whereby inferences about other people and situations may be drawn in an illogical fashion.