Which of the Following Is a Corporation That Has Not

question 72

Multiple Choice

Which of the following is a corporation that has not substantially met the requirements of the state incorporation statute,but courts recognize it as a corporation for most purposes to avoid unfairness to third parties who believed it was properly incorporated?

• A)A de jure corporation
• B)A corporation by reservation
• C)A corporation by estoppel
• D)A de facto corporation
• E)An inactive corporation

Appreciate the strategic purposes behind corporate restructuring, including mergers, acquisitions, and divestitures.

Understand the concept of synergy in mergers and acquisitions and how it affects the combined value of firms.

Identify and understand defensive measures against hostile takeovers.

Know the role of investment bankers in mergers and acquisitions.

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Definitions:

Campaign Promise

is a pledge or commitment made by a political candidate during their campaign, outlining their intended policies and objectives if elected into office.

Taxes

Necessary financial levies or different levy categories demanded from taxpayers by governmental authorities to underwrite government operations and sundry public outlays.

Henry Luce

An influential American magazine magnate who cofounded Time, Life, Fortune, and Sports Illustrated magazines, significantly shaping 20th-century media.

American Exceptionalism

The idea that the United States has a unique character and role in the world, often associated with the country's history, political values, and institutions.