A Corporation Is Considered Formed the Moment the Articles of Incorporation

question 14

True/False

A corporation is considered formed the moment the articles of incorporation are filed by the principals.

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Definitions:

Summary Execution

The immediate, unlawful killing of a prisoner without a formal trial.

Conscripted Slaves

Slaves who were forced into military service or labor against their will, often without pay or for minimal compensation.

Arable Land

Land capable of being ploughed and used to grow crops, indicating a measure of a region’s ability to support agricultural activities.

Cash Crops

Agricultural products grown primarily for sale to return a profit, such as tobacco, cotton, and sugar, rather than for consumption by the farmer's family.