A Corporation Formed in Substantial Compliance with the Incorporation Statute

question 50

Multiple Choice

A corporation formed in substantial compliance with the incorporation statute and the required organizational procedures is a:

• A) de facto corporation.
• B) de jure corporation.
• C) corporation by estoppel.
• D) private corporation.

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Definitions:

Discount Rate

In DCF analysis, the interest rate employed to find out the present value of cash flows expected in the future.

Mutual Fund

An investment vehicle made up of a pool of funds collected from many investors for the purpose of investing in securities such as stocks, bonds, and other assets.

Investment Goal

The financial objective or target that an investor aims to achieve through investments.

Average Return

The mean amount of profit or loss generated by an investment over a specified period.