Which of the Following Is a Distinguishing Characteristic of Pre-Incorporation

question 45

Multiple Choice

Which of the following is a distinguishing characteristic of pre-incorporation contracts?

• A) They can be entered into only on behalf of a shelf company.
• B) They are the sole vehicle for doing corporate business quickly.
• C) They are governed by federal and provincial statutes.
• D) They pose the same conceptual problems as tort liability.

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Definitions:

Injuries and Accidents

Harm or damage occurring to an individual as a result of sudden or unforeseen events.

Self-Efficacy

The belief in one's ability to succeed in specific situations or accomplish a task.

Locus of Control

An idea in psychology that describes the extent to which individuals feel they can manage the situations and incidents that shape their life.

Self-Control

The capacity to manage one's feelings, ideas, and actions when confronted with desires and sudden urges.