All of the Following Are True of Promoters of a Corporation

question 76

Multiple Choice

All of the following are true of promoters of a corporation EXCEPT:

• A) They solicit investors to begin the corporation.
• B) They prepare the formal documents of incorporation.
• C) They may make contracts in the name of the corporation.
• D) They continue to solicit capital whenever needed after incorporation.

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Definitions:

Activity Duration

the total time required to complete a specific activity or task in the process of project management or planning.

Beta Distribution

A statistical distribution representing probabilities of outcomes across a range of 0 to 1, often used in Bayesian statistics for estimating unknown parameters.

PERT Analysis

A project management tool used to schedule, organize, and coordinate tasks within a project, which stands for Program Evaluation and Review Technique.

Expected Activity Times

Predicted durations for tasks or activities within a project, often based on historical data and used in planning and scheduling.