If a Corporation Is Dissolved Voluntarily, There Must Be a "Winding

question 120

True/False

If a corporation is dissolved voluntarily, there must be a "winding up" of its affairs.

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Definitions:

Carboniferous

The Carboniferous is a geologic period and system that extends from about 359 to 299 million years ago, known for its vast coal deposits.

Ordovician

A geologic period and system of the Paleozoic Era, following the Cambrian and preceding the Silurian, marked by significant diversification of life.

Natural Selection

The process by which organisms better adapted to their environment tend to survive and produce more offspring.

Triassic

A geological period that occurred approximately 252 to 201 million years ago, marking the beginning of the Mesozoic Era.