A Court May Hold That a Defective Corporation Is A[n]

question 15

Multiple Choice

A court may hold that a defective corporation is a[n] ________ in order to prevent it from claiming it is not a corporate entity in order to escape liability to a third party.

• A) De jure corporation
• B) De facto corporation
• C) Corporation by estoppel
• D) Corporation by reservation
• E) Inactive corporation

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Definitions:

Positive Psychology

A branch of psychology that focuses on the study of positive human functioning and flourishing on multiple levels, including the personal, relational, and societal.

Savoring

The power to focus on, value, and even boost the enjoyment of almost any experience, whether great or small.

Resilience

The ability to recover quickly from difficulties or adversities.

Balanced Self-monitoring

The practice of observing and regulating one’s own behavior and emotions in a measured and reasonable manner.