Wings2Go Corporation Fails to Hold an Organizational Meeting

question 72

Multiple Choice

Wings2Go Corporation fails to hold an organizational meeting.In this circumstance,at common law Wings2Go is most likely

• A)a corporation by estoppel.
• B)a de facto corporation.
• C)a de jure corporation.
• D)ultra vires.

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Definitions:

Government Intervention

Actions taken by a government to influence or directly control some aspects of the economy or society.

Prisoners' Dilemma

The Prisoners' Dilemma is a standard example of a game analyzed in game theory that shows why two completely rational individuals might not cooperate, even if it appears that it is in their best interest to do so.

Repeatedly Interact

Engaging in continuous or frequent exchanges or encounters between individuals or entities.