A Stock Subscription Agreement Does Not Usually Include the

question 14

Multiple Choice

A stock subscription agreement does not usually include the

• A)subscriber’s name and address.
• B)name of the corporation.
• C)number and class of the shares subscribed to.
• D) rules and guidelines for the internal govern- ance of the corporation.

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Definitions:

Suffered While Acting

Experiencing harm or injury in the course of performing duties or actions.

Capacity To Act

The legal ability of a person to enter into contracts and engage in binding agreements.

Agent To Do

Refers to an individual or entity appointed to act on behalf of another (the principal) in dealings with third parties, within the scope of authority granted by the principal.

Mutual Fiduciary Duties

Obligations between parties that require them to act in each other's best interests, often found in relationships like partnerships and between corporate directors and shareholders.