Before a Corporation Comes into Existence, It _____

question 7

Multiple Choice

Before a corporation comes into existence, it _____.

• A) can be liable as principal
• B) cannot ratify a contract made by the promoter
• C) is illegal to pay promoters for their services
• D) is liable if the board acts to adopt the contract

---

Definitions:

Work Design

The process of defining work roles and responsibilities, as well as arranging work tasks and processes for optimum productivity.

High Performance

Refers to an individual or team achieving significantly better results than ordinary standards through exceptional skills, strategies, and effort.

Variety of Skills

A range of abilities and competencies that an individual possesses or acquires, which are valuable across different tasks and roles.