Faced with a Choice of Expanding or Creating a New

question 11

Multiple Choice

Faced with a choice of expanding or creating a new high school that lacks its history and school spirit,parents and community leaders often opt for

• A)downsizing.
• B)supersizing.
• C)cost efficiencies.
• D)None of the above.

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Definitions:

Fraud

A deliberate deception to secure unfair or unlawful gain.

Express Corporate Powers

The specific authorities granted to a corporation through its charter and state law, allowing it to perform certain actions.

Corporate Veil

A legal concept that separates the identity and responsibilities of a corporation from those of its shareholders, protecting them from personal liability in most cases.

Promoter

An individual or company responsible for organizing and starting a business or enterprise, often involved in its early financing and establishment.