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If Beauty Pageants Are Abolished, Then Our Sense of Values

question 77

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If beauty pageants are abolished, then our sense of values will improve. Beauty pageants will not be abolished. Therefore, our sense of values will not improve.


Definitions:

RMBCA

The Revised Model Business Corporation Act, which serves as a guide for states in drafting their corporation statutes.

Organizational Meeting

An organizational meeting is the initial meeting held by the incorporators or initial directors of a corporation to complete the formation of the business and to adopt bylaws.

Corporate Veil

A legal concept that separates the identity of a corporation from its shareholders, protecting them from being personally liable for the company’s debts and obligations.

Closely Held Corporations

Companies whose shares are owned by a small group of individuals or families, often with restricted stock sales.

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