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The Two General Categories of Stakeholders Are_________ Stakeholders And____________ Stakeholders

question 82

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The two general categories of stakeholders are_________ stakeholders and____________ stakeholders.


Definitions:

Preincorporation Contracts

Agreements entered into on behalf of a corporation not yet formed, which the corporation may later ratify or reject.

Promoter

A person who incorporates a business, organizes its initial management, and raises its initial capital.

Preincorporation Contract

An agreement made by the incorporators or promoters of a company on behalf of the company before it has been legally formed.

Liable

Legally responsible or obligated to compensate for harm, loss, or damage caused by one's actions or omissions.

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