Under Which of the Following Circumstances Would a Court Likely

question 55

Multiple Choice

Under which of the following circumstances would a court likely not enforce involuntary dissolution of a corporation.

• A)Gridlock over an issue persists among the directors.
• B)The corporation is insolvent.
• C)The directors abused their power.
• D)The articles of incorporation were forged.
• E)Failure to pay taxes within forty-five days of the due date.

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Definitions:

Ethical Issues

Controversial questions or dilemmas that arise in the context of professional conduct, often related to morality, ethics, legality, and human rights.

Research Participants

Individuals who take part in a research study, providing data through their responses or behaviors for the purpose of scientific investigation.

Longitudinal Study

A research design that follows the same subjects over a period of time, allowing for the observation of changes or developments in the subjects.

Cross-Sectional Study

A type of observational study that analyzes data from a population, or a representative subset, at a specific point in time.