When a Promoter Enters into a Contract on Behalf of a Corporation

question 60

Multiple Choice

When a promoter enters into a contract on behalf of a corporation that is not yet formed,the corporation will become liable on the contract:

• A) at the time the promoter enters into the contract.
• B) when the corporation comes into existence.
• C) once the corporation has elected its initial board of directors.
• D) only if the corporation, once formed, agrees to be liable on the contract.
• E) only in the case of a novation.

Understand the concept and importance of single-nucleotide polymorphisms (SNPs) in genetic variations.

Grasp the basic principles and applications of SNP chips in genotype determination.

Recognize the use of restriction enzymes and their relevance in genetic engineering.

Understand the role and production of cDNA in genetic studies and its advantages over genomic DNA.

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Definitions:

Debt

Debt represents money borrowed that must be repaid, typically with interest, by the borrower to the lender.

CAPM Beta

CAPM Beta is a measure used in the Capital Asset Pricing Model to determine the volatility or systemic risk of an asset in relation to the market as a whole.

Expected Return

Expected return is the predicted amount of profit or loss an investment is anticipated to generate over a specific period.

Coefficient

A coefficient is a numerical or constant quantity placed before and multiplying the variable in an algebraic expression, often representing a measure of some property or effect.