A Corporation Has Perpetual Existence Unless Otherwise Stated in Its

question 70

True/False

A corporation has perpetual existence unless otherwise stated in its articles of incorporation.

---

Definitions:

Quotas

Fixed shares or numbers of items or people, designated as a minimum or maximum, often used in importing and exporting goods, university admissions, or workplace diversity initiatives.

Affirmative Action

Policies and measures designed to increase opportunities for underrepresented groups by considering factors like race and gender in areas such as education and employment.

Separate Admissions Standards

Different criteria or requirements used to evaluate and admit students into educational institutions, often based on demographic or associative characteristics.

Executive Orders

Directives issued by the President of the United States that manage operations of the federal government and have the effect of law.