Which of the Following Is Not a Requirement for a De

question 53

Multiple Choice

Which of the following is not a requirement for a de facto corporation?

• A)An organization meeting was never held.
• B)There is a valid statute under which the corporation could be organized.
• C)The promoters make an honest attempt to organize under the statute.
• D)The promoters exercise corporate powers.

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Definitions:

Gender-based Classification

the categorization or differentiation of individuals based on their gender, which can raise legal issues particularly when it leads to discrimination.

Rational Basis

A standard of judicial review that requires a law to have a reasonable connection to a legitimate government objective to be upheld as constitutional.

Checks and Balances

Checks and balances is a system in which the different branches of government have powers that can influence and limit the powers of the other branches to prevent any single branch from becoming too powerful.

Federal Judge

A judge appointed by the president of the United States and confirmed by the U.S. Senate, who adjudicates cases within the federal court system.