Eager Beaver Corporation Fails to Hold Its Organizational Meeting to Adopt

question 58

Multiple Choice

Eager Beaver Corporation fails to hold its organizational meeting to adopt bylaws. Under this circumstance, Eager Beaver 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:

Antecubital Space

The inner surface of the arm at the elbow, commonly used as a site for drawing blood or administering injections.

Subclavian Line

A type of intravenous line placed into the subclavian vein, often used for long-term medications or dialysis.

Eutectic Mixture

A mixture of two or more substances that melts or solidifies at a single temperature that is lower than the melting points of the individual substances.

Local Anesthetics

Drugs that cause temporary loss of sensation in a specific area of the body without affecting consciousness.