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A block from an early 1970s car has 0.012" of bore taper. Technician A says to rebore oversize and use a new piston and rings. Technician B says to use 0.010" oversized rings. Who is right?
Defect In Incorporation
Errors or omissions that occur during the process of forming a corporation, which could affect the entity's legal status.
Corporation By Estoppel
A principle where a business is treated as a corporation for legal purposes, even if it failed to complete formal incorporation processes, due to its actions or representations to third parties.
De Facto Corporation
A business that operates as if it were a legally incorporated company, even though it has not completed the formal incorporation process.
Misappropriates
The act of taking something dishonestly for one's own use, often in violation of trust or ownership.
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