Directors of a Corporation Should Issue Shares as Soon as Possible

question 61

Multiple Choice

Directors of a corporation should issue shares as soon as possible after incorporation because

• A)the shares should be issued before the price goes up.
• B)the directors need to be elected by the shareholders.
• C)until the shares are issued,the only people who can act for the corporation are the directors.If anything happened to them,the corporation would be unable to act.
• D)by-laws need to be approved by shareholders,and so shares must be issued so there are some shareholders.
• E)the corporation needs shareholders to start carrying on business.

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Definitions:

Incidence

The rate at which new cases of a disease or condition occur in a specific population over a defined period, crucial for understanding and monitoring public health.

Cancer Patients

Individuals who have been diagnosed with cancer and are undergoing or have undergone treatment for the disease.

Active Surveillance

A strategy involving closely monitoring a patient's condition without immediate treatment, used for diseases that are expected to progress slowly.

Sentinel Surveillance

A system of monitoring disease trends by collecting data from selected institutions or populations, aimed at early detection and response.