In a ____,The Promoters Substantially Complied with All Mandatory Provisions

question 48

Multiple Choice

In a ____,the promoters substantially complied with all mandatory provisions.

• A)de jure corporation
• B)de facto corporation
• C)corporation by estoppel
• D)close corporation

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Definitions:

Consumerism

A social and economic order that encourages the purchase of goods and services in ever-greater amounts.

Cultural Diffusion

The spread of cultural beliefs and social activities from one group to another, blending and integrating different cultural practices.

Production

Is the human capacity to make and use the tools and technology that improve our ability to take what we want from nature.

Rationalization

The process of making tasks or workflows more efficient by implementing standardized procedures and methodologies, often associated with the bureaucratization and modernization of organizations.