Sharon Entered into a Preincorporation Share Subscription Agreement on January

question 43

Multiple Choice

Sharon entered into a preincorporation share subscription agreement on January 1,2006.The corporation was formed on February 1,2006.What is the status of this agreement on March 1,2006,under the Model Business Corporation Act?

• A)It is binding only if Sharon has already paid for the shares.
• B)It is binding even if Sharon has not already paid for the shares.
• C)It is not binding because the corporation did not exist on January 1,2006.
• D)It is not binding unless Sharon ratifies the agreement after the corporation has been formed.

Appreciate the contributions of social scientists to the knowledge base of social group work.

Recognize the challenges and shifts in the focus of social group work over decades.

Understand the principles and application of social exchange theory in planning social work groups in therapeutic settings.

Be aware of efforts to revitalize social group work within the social work profession.

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Definitions:

Conflicts of Interest

Situations where individuals or organizations have competing interests or loyalties, potentially compromising their decision-making.

Dress Sayings

Phrases or slogans often printed on or associated with clothing that express ideas, attitudes, or humor.

Economic Espionage Act

is a United States law making the theft or misappropriation of trade secrets a federal crime.

Foreign Corrupt Practices Act

A U.S. law that prohibits companies from bribing foreign government officials to maintain or obtain business.