Examlex
A simple ac circuit is composed of a capacitor connected across the terminals of an ac power source. If the frequency of the source is doubled, what happens to the reactance of the capacitor?
De Facto Corporation
Latin for “corporation in fact”; a corporation that has not substantially met the requirements of the state incorporation statutes.
Corporation By Estoppel
A defective corporation that has conducted business with a third party and therefore cannot deny its status as a corporation to escape liability.
De Jure Corporation
Latin for “lawful corporation”; a corporation that has met the mandatory statutory provisions and thus received its certificate of incorporation.
Alien Corporation
A business that is incorporated in a foreign country.
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