Judicial Dissolution of a Corporation Can Be Instituted by the Attorney

question 3

Multiple Choice

Judicial dissolution of a corporation can be instituted by the attorney general of the state of incorporation if the corporation ________.

• A) procured its articles of incorporation through fraud
• B) did not pay its franchise fee
• C) failed to file an annual report
• D) failed for 60 days to maintain a registered agent in the state

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Definitions:

Eminence

A position of great distinction or superiority in a particular field or industry.

Exceptional Ability

An extraordinary capacity or skill in a specific area beyond what is considered normal.

Adaptive Skills

Abilities that enable individuals to cope with changes, obstacles, and life's demands effectively.

Intellectually Disabled

A term describing individuals who have significant limitations both in intellectual functioning and in adaptive behavior, encompassing many everyday social and practical skills.