A(n) ________ Is a Clause That Can Be Included in the Articles

question 49

Multiple Choice

A(n) ________ is a clause that can be included in the articles of incorporation that stipulates the activities that the corporation can engage in. The corporation can engage in no other purposes or activities.

• A) ultra vires clause
• B) dissolution clause
• C) general purpose clause
• D) limited purpose clause

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Definitions:

Motivation

The method that starts, directs, and sustains actions aimed at achieving specific goals.

Predisposing Factors

Elements or conditions that make an individual more susceptible or inclined to develop a particular health issue or disease.

Direct Experience

Knowledge or skill acquisition through firsthand involvement or activity, without intermediation.

Past Performance

Previous accomplishments or performance levels, often evaluated in various contexts like job applications or investment strategies.