Even If the Incorporators Omit Some Important Steps, It Is

question 24

True/False

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

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Definitions:

Backstab

The act of secretly harming or betraying someone who trusts you.

Incriminating Photos

Photographs or images that suggest someone's involvement in illegal or immoral activities, potentially leading to criminal charges or social condemnation.

Disgruntled Employee

A worker who is dissatisfied with their job conditions or treatment, potentially leading to reduced productivity or conflict.

Hostile Aggression

Aggressive behavior stemming from feelings of anger and aimed at inflicting pain or injury.