Why Is It Preferable for Risk Management to Use a Shelf

question 56

Multiple Choice

Why is it preferable for risk management to use a shelf company as the vehicle for taking prompt advantage of a valuable business opportunity?

• A) Outsiders retain liability if the corporation fails to come into existence.
• B) It facilitates direct entrance into contractual obligations by the corporation.
• C) It facilitates the ability of promoters to sign in a personal capacity.
• D) Outsiders are restricted from relying on the apparent authority of agents.

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Definitions:

Biological Treatments

Therapeutic interventions that affect the biological functions of the body, such as medication or electroconvulsive therapy.

Self-actualization

The realization or fulfillment of one's talents and potentialities, considered as a drive or need present in everyone.

Electroconvulsive Therapy

An approach to treating psychiatric conditions by electrically inducing seizures in patients as a form of relief.

Relational Psychoanalytic Therapy

A form of therapy focusing on interpersonal relationships and the impact of early relationships on mental health.