MATCHING Part VII Matching

question 122

Short Answer

MATCHING
Part VII Matching
Match each statement with the correct term below.a.One whose profits must be used exclusively for charitable, educational, or scientific purposes.b.One created under the laws of a given state.c.One created under the laws of any other state or jurisdiction.d.Person who takes the preliminary steps to organize a corporation.e.Person who agrees to purchase stock in a corporation.f.Rules governing a corporation's internal management.g.One formed in substantial compliance with the incorporation statute and the required organizational procedure.h.One not formed in compliance with the statute but recognized for most purposes as a corporation.i.Prevents a person from raising the question of a corporation's existence.j.One created to administer a unit of local civil government.k.Contractual right to purchase from a corporation shares of a specified class or classes.l.Source of capital creating no ownership interest and involving the corporation's promise to repay funds loaned to it.m.A type of debt security.n.Unsecured bonds; have only the obligation of the corporation behind them.o.Condition the payment of interest to some extent on corporate earnings.p.Bonds subject to redemption.q.Eligible corporation electing under the Internal Revenue Code to be taxed as a partnership.r.Shares are owned by large number of people and are widely traded.s.May be exchanged for other securities.t.Claims against a corporation's general assets and also a lien on specific property.u.Basic organizational document of a corporation; charter.v.Shares reacquired by a corporation.w.Opportunity to purchase a pro rata share of new stock offerings.x.Source of capital creating an ownership interest in the corporation.y.A corporation's exercise of the right to repurchase its own shares.
-nonprofit corporation

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Definitions:

Redirect Examination

A stage in a trial where the party who initially examined a witness questions them again, typically after cross-examination.

Cross-examination

The questioning of a witness by the party opposing the one who called the witness, aimed at testing the reliability or truth of their statements.

Jury Misconduct

Any inappropriate or illegal action by a jury member during a trial which could jeopardize fair trial standards, such as discussing the case with outsiders.

Prejudicial Instructions

Directions given by a judge to a jury that are biased or could unduly influence the jury's decision, potentially affecting the fairness of the verdict.