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A Client Wears a Seat Belt Whenever Riding in an Automobile

question 17

Multiple Choice

A client wears a seat belt whenever riding in an automobile. Which of the following best describes the client's behavior?


Definitions:

Preincorporation Subscriptions

Agreements made by individuals or entities to purchase stock in a corporation that has not yet been formed.

Board of Directors

is a group of individuals elected by shareholders to oversee and make decisions on behalf of a corporation.

Promoters

Individuals or companies that initiate the creation of a business or corporation, often handling the legal and logistic tasks of organization.

Preincorporation Share Subscription

An agreement by an investor to purchase shares in a corporation that is yet to be formed, often used to fund the creation of the new company.

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