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John Scored 85 on Prof

question 9

Multiple Choice

John scored 85 on Prof. Hardtack's exam (Q1 = 40 and Q3 = 60) . Based on the fences, which is correct?

Comprehend the role of incorporators and the process of incorporation.
Know the significance and application of the RMBCA in corporate formation and operation.
Grasp the legal nature of preincorporation subscriptions and their revocability.
Understand the duties and legal standing of promoters in corporate formation.

Definitions:

Capitalism

An economic system characterized by private or corporate ownership of goods and services, and where investments, production, and distribution of goods are determined by competition in a largely unregulated marketplace.

Conflict Theory

A sociological perspective that views social life as a competition, with social order maintained by domination and power, rather than consensus.

Contemporary Event

An occurrence, issue, or trend that is happening in the present or recently took place.

Functionalist Approaches

theoretical perspectives that view society as a complex system whose parts work together to promote solidarity and stability.

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