A Declaration for an Enumerated Type Begins with the __________

question 12

Multiple Choice

A declaration for an enumerated type begins with the __________ key word.

• A) enumerated
• B) enum_type
• C) enum
• D) ENUM
• E) None of these

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Definitions:

Ultra Vires Acts

Acts performed beyond the powers or authority granted to a corporation or an individual by law.

S Corporation

A special designation that allows corporations to pass income directly to shareholders and avoid double taxation.

Partnerships

A business structure where two or more individuals manage and operate a business in accordance with the terms and goals set out in a partnership agreement.

Revised Model Business Corporation Act (RMBCA)

A set of laws proposed to standardize the regulation of corporations in the United States, offering a template for state legislatures.