Incorporators of Maizey Co

question 45

True/False

Incorporators of Maizey Co.signed and delivered the corporate charter to the proper office,but due to inefficiencies in the government office,the filing was delayed.During the period between the delivery of the charter and the filing,a promoter of Maizey Co.entered a contract for the delivery of goods using the corporate name.The supplier,if it finds out the filing had not been completed when the contract was entered,may hold the promoter personally liable on the contract.

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Definitions:

Lead Entrepreneur

The primary individual responsible for setting the strategic vision, direction, and operations of a startup or entrepreneurial venture.

Management Team

A group of individuals at the executive level who are responsible for overseeing the operations and strategic direction of an organization.

Network Density

refers to the ratio of actual connections in a network to the maximum possible connections between nodes, indicating how closely knit the network is.

Solidarity

Unity or agreement of feeling or action, especially among individuals with a common interest; mutual support within a group.