Which of the Following Is Not True of Promoters of a Corporation

question 36

Multiple Choice

Which of the following is not true of promoters of a corporation?

• A) They arrange for capital and financing to start a corporation.
• B) They assemble the necessary assets to start a corporation.
• C) They attend to the actual legal formation of a corporation.
• D) They continue to solicit capital whenever needed after incorporation.

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Definitions:

Tholos Tomb

In Mycenaean architecture, a beehive-shaped tomb with a circular plan.

Cyclopean Fortification

Massive stone walls built without mortar, characteristic of Mycenaean architecture, named for their supposed construction by the mythological Cyclopes.

Large-Scale Figural Art

Artwork that features human or animal figures at a scale larger than life, often used in public or ceremonial spaces for impact.

Mycenaean Period

A phase in Greek history (circa 1600–1100 BC) known for its rich tombs, palaces, and the emergence of Greek language and culture.