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A Corporation Is a Creature of the State and May

question 22

True/False

A corporation is a creature of the state and may be formed only by substantial compliance with a state incorporation statute.


Definitions:

Claim

A statement asserting something to be true, which can be supported with evidence or reasons.

Adjustment

The process of making small changes to something in order to improve it or to make it more suitable.

Specific Explanation

A detailed and precise description or clarification of a subject or phenomenon.

Routine Replies

Standardized responses used to answer common or frequently asked questions in business or customer service settings.

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