Generally, the Secretary of State May Commence an Administrative Proceeding

question 68

Multiple Choice

Generally, the secretary of state may commence an administrative proceeding to dissolve a corporation when the corporation:

• A) does not pay franchise taxes or penalties immediately when due.
• B) does not deliver its annual report within ten days after it is due.
• C) is without a registered agent in the state for more than 60 days.
• D) All of these.

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Definitions:

Trade

The exchange of goods and services between individuals, businesses, or countries, which can be domestic or international in scope.

Piracy

The act of attacking and robbing ships at sea; also refers to the unauthorized use or reproduction of another's work, especially in relation to copyrighted materials.

Unsafe Sea Corridors

Maritime routes that pose significant risks to ships due to factors like piracy, armed conflict, or natural hazards.

Trading Practices

The activities and principles involved in buying, selling, and exchanging goods and services, both domestically and internationally.