A(n)________ Occurs When a Corporation Accepts a Preincorporation Contract by Action

question 75

Multiple Choice

A(n) ________ occurs when a corporation accepts a preincorporation contract by action of its board of directors,by which the corporation becomes liable for the contract.

• A)adoption
• B)novation
• C)ratification
• D)assumption of contract

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Definitions:

Personal Happiness

An individual's subjective state of well-being and satisfaction with life.

Negative Emotions

Emotions that are generally perceived as undesirable, such as sadness, anger, and fear, and are often a response to undesirable experiences or thoughts.

Adaptation-level Phenomenon

The psychological experience of judging new stimuli and events based on past experiences or a baseline level of past stimuli.

Day-to-day Happiness

The experience of joy, contentment, or positive well-being, combined with a sense that one's life is good, meaningful, and worthwhile on a daily basis.