Market Data Corporation's Articles List an Incorrect Address for Its

question 140

Multiple Choice

Market Data Corporation's articles list an incorrect address for its incorporator. Under this circumstance, Market Data is most likely

• A)a corporation by estoppel.
• B)a de facto corporation.
• C)a de jure corporation.
• D)ultra vires .

Understand the accounting for transfers of assets to joint arrangements and the treatment of unrealized profits or losses.

Understand the basic mechanisms and roles of the excretory systems across different animal groups.

Identify the specific structures and functionalities in various types of excretory systems.

Describe osmoregulation and the movement of water and ions in different environments.

---

Definitions:

Receivables Financing

A financial practice where a company uses its accounts receivable as collateral to secure funding.

Commercial Paper

Commercial paper is a short-term, unsecured promissory note issued by corporations, typically used for the financing of accounts receivable, inventories, and meeting short-term liabilities.

Discount Period

The time frame during which a seller offers a buyer a reduction from the normal cost of a good or service, often to incentivize prompt payment.

Cash Sales

Cash sales refer to transactions where payment is made in full with cash at the time of the sale, without any credit.