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Even If the Incorporators Omit Important Steps,it Is Still Possible

question 20

True/False

Even if the incorporators omit important steps,it is still possible for a court,under estoppel principles,to treat the business as a corporation.


Definitions:

BAT Model

A strategic management tool that helps in the assessment of the strategic position of a business and its potential future path.

Interest Rate

The percentage charged on the total amount you borrow or earn on an investment, typically expressed annually.

Marketable Securities

Financial instruments that can be quickly converted into cash at a known price, such as stocks or bonds.

Optimal Initial Balance

The ideal starting amount of funds that maximizes the effectiveness or efficiency of a financial account or investment strategy.

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