A Corporation Is a Creature of the State and May

question 22

True/False

A corporation is a creature of the state and may be formed only by substantial compliance with a state incorporation statute.

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Definitions:

Out-Group Exchange

Interaction that occurs when leaders and followers fail to create a sense of mutual trust, respect, or common fate.

Out-Group

A social group to which an individual does not identify or belong, often leading to them being viewed as "them" versus "us."

In-Group

A social group to which a person psychologically identifies as being a member, often leading to favoritism towards fellow members.

Trait Theories

Theories that focus on identifying specific personality traits and characteristics that are believed to lead to effective leadership and successful performance.