N-Ext Corp

question 12

Multiple Choice

N-Ext Corp.(NEC) was defectively organized.As a result,even a corporation by estoppel could not be formed.As representatives of NEC,Pete (a shareholder manager) and Dave (a nonshareholder manager) made a contract with a vendor for supplying raw materials to NEC.The vendor did not get paid as per the contract.Who is liable in this situation?

• A)NEC
• B)Dave and NEC
• C)Pete,Dave,and the management of NEC
• D)Pete and NEC

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Definitions:

Leader Effectiveness

The extent to which a leader can inspire, influence, and guide followers toward achieving set goals and objectives.

Job Satisfaction

Relates to the level of contentment employees feel about their job, which is influenced by various factors including work conditions, compensation, growth opportunities, and recognition.

Systematic Study

A structured and methodical approach to inquiry and knowledge acquisition, often involving empirical research and analysis.

Leadership Behaviour

Actions taken by a leader to influence or guide a group towards achieving its goals.