The Majority of Courts View a Stock Subscription as Merely

question 3

Multiple Choice

The majority of courts view a stock subscription as merely an offer that cannot be accepted until:

• A) the corporation enters a novation with the subscriber.
• B) the promoter signs in the name of the corporation.
• C) the corporation comes into existence.
• D) there is a written agreement.

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Definitions:

Competent Authority

The requirement that just war may be declared and run only by legitimately recognized nation-states.

Dispute Settlement Board

A Dispute Settlement Board is a panel established to resolve disagreements and disputes in the context of construction contracts or international trade agreements.

Retaliatory Measures

Actions taken in response to another's actions, often with the intent to harm or punish as a form of retribution or retaliation.

Reflexivity Principle

The concept that beliefs and thoughts can affect the world directly, influencing the outcomes of social and economic systems.