Under the Revised Act, the Filing of the Articles of Incorporation

question 15

True/False

Under the Revised Act, the filing of the articles of incorporation by the Secretary of State is conclusive proof that the incorporators have satisfied all conditions precedent to incorporation so that a shareholder or creditor would be unable to challenge the existence of the corporation.

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Definitions:

Positive Self-Regard

Positive self-regard is the condition of holding oneself in high esteem and acknowledging one's own worth and capabilities in a healthy manner.

Conditional Positive Regard

A situation where acceptance and love are provided only when an individual behaves in a manner that is approved by others, leading to conditions of worth.

Conditions Of Worth

The standards or criteria imposed by others or oneself that dictate the conditions under which a person is deemed worthy of esteem or value.

Superego

In psychoanalytic theory, a part of the personality that acts as a moral center, imposing the moral standards learned from parents and society.