In Creating ABZ Inc

question 34

Essay

In creating ABZ Inc. ,Newman and Zimmer followed all the steps in the incorporation process as authorized in their state's incorporation statute except for the appointment of a statutory agent.They were never informed of the oversight and proceeded under the assumption that they were properly incorporated.Several years later,a customer was injured by one of their products.The customer's lawyer told Newman and Zimmer that they were individually liable because ABZ Inc.was not properly incorporated.Was the lawyer correct? Explain.

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Definitions:

Classical Conditioning

Learning via the association between a stimulus present in the environment and one that occurs naturally.

CS And US

In classical conditioning, CS stands for conditioned stimulus and US stands for unconditioned stimulus.

Latent Learning

The process by which something is learned but not immediately expressed or noticeable until a later time.

Associative Learning

A learning process by which a subject links two stimuli or a behavior and a consequence.