In States That Have Adopted the Revised Model Business Corporation

question 46

Multiple Choice

In states that have adopted the Revised Model Business Corporation Act, the secretary of state may commence proceedings to administratively dissolve a corporation under all but which of the following circumstances?

• A) the corporation adopts more than one business purpose.
• B) the corporation does not pay franchise taxes within sixty (60) days after they are due.
• C) the corporation does not file its annual report within sixty (60) days after it is due.
• D) the corporation is without a registered agent or registered office for sixty (60) days or more.

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Definitions:

Correlation Coefficient

A statistical measure that indicates the extent to which two variables fluctuate together, denoting strength and direction of a linear relationship.

Correlational Research

A type of research method that involves measuring and assessing the statistical relationship between two variables.

Correlation Coefficients

Statistical measures that indicate the extent to which two variables fluctuate together, ranging from -1 to 1, where 0 means no correlation.

Experimental Control

A method used in scientific studies to minimize the influence of variables other than the one being studied, ensuring the results are due to the variable of interest.