Children Are Not Held Liable for Their Torts

question 13

True/False

Children are not held liable for their torts.

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Definitions:

Revised Model Business Corporation Act

An updated framework designed to guide the formation, operation, and governance of corporations, aiming to standardize business practices across states.

Registered Office

The official address of a corporation or company, where legal documents are sent and statutory records are kept.

Promoter

An individual or company responsible for organizing, marketing, and often financing a project or venture, especially in the entertainment industry or in founding a corporation.

Incorporator

An individual who applies for incorporation on behalf of a corporation.