Refer to Fact Pattern 13-1

question 125

Multiple Choice

Refer to Fact Pattern 13-1. If Jeanette does incorporate, the corporation legally can last:

• A) for 20 years, after which she needs to apply for a renewal of her certificate of incorporation
• B) forever
• C) for 50 years, after which time the certificate of incorporation must be renewed
• D) until one of her partners dies
• E) until the state determines that the corporation no longer serves the function for which it was incorporated

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Definitions:

Equal Employment

Policies and practices designed to prevent discrimination against employees or job applicants based on race, gender, age, religion, or other non-merit factors.

Procedural Justice

The concept that fair and transparent processes are crucial in decision-making contexts, leading to greater acceptance of decisions by those affected, even if the outcomes are not favorable to them.

Interactional Justice

The quality of the interpersonal treatment people receive when procedures are implemented, emphasizing respect and dignity.