If the Proper Procedure for Incorporation Has Been Followed, the Corporation

question 25

Multiple Choice

If the proper procedure for incorporation has been followed, the corporation has a legal right to exist and is called a(n) : ______.

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

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Definitions:

Developmental Order

The sequence or pattern in which typical development occurs across various stages in individuals, often related to physical, emotional, or cognitive growth.

Collective Unconscious

A concept in Jungian psychology referring to a part of the unconscious mind, shared among beings of the same species, that contains memories and ideas inherited from ancestors.

Carl Jung

A Swiss psychiatrist and psychoanalyst who founded analytical psychology, known for concepts like archetypes, the collective unconscious, and synchronicity.

Inferiority Complex

A psychological condition where an individual feels a deep sense of inadequacy and lack of self-esteem, often stemming from real or perceived weaknesses.