Whether a hybrid business form must register in a state in which it was not set

Whether a hybrid business form must register in a

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Whether a hybrid business form must register in a state in which it was not set up. 1 / 1 pts Question 17 What is the significance of the Bubble Act? It was enacted to do away with hot cargo agreements. It was enacted to do away with runaway shop agreements. It was enacted to do away with closed shop agreements. It was enacted to do away with unchartered joint-stock companies. It was enacted to do away with employee discrimination at workplace. 1 / 1 pts Question 18 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. True False 1 / 1 pts Question 19 Which of the following is true of a publicly held corporation?
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12/3/2019 Quiz 6 (Module 11-12) (Remotely Proctored): BUS110-81195 Bus Law/Legal Environment 11/13 It is a governmental organization. It is a corporation not organized for profit. It is often called a municipal corporation. The stock in a publicly held corporation is widely held. The shareholders in a publicly held corporation are fewer in number. 1 / 1 pts Question 20 Hudson's Bay Company, founded in 1670, still operates today. True False 1 / 1 pts Question 21 An officer of a corporation may be held liable for his corporation's violation of laws or regulations, regardless of the fact that he or she had no knowledge about it. True False 0 / 1 pts Question 22 Incorrect Incorrect Directors all have duties of due care to the company, but are not liable for any sub-committee decisions.
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12/3/2019 Quiz 6 (Module 11-12) (Remotely Proctored): BUS110-81195 Bus Law/Legal Environment 12/13 and cannot delegate decisions regarding dividends and mergers and are personally liable for criminal acts by managers whom they appoint but may delegate decisions to one or more directors and avoid liability a and d 1 / 1 pts Question 23 In a shareholder derivative action lawsuit, the "real party in interest" is the shareholder. True False 1 / 1 pts Question 24 A(n) _____ is a situation where one person sits on the board of directors of two different companies. direct interlock sequestration course preemptive action derivative action nonderivative action 1 / 1 pts Question 25
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12/3/2019 Quiz 6 (Module 11-12) (Remotely Proctored): BUS110-81195 Bus Law/Legal Environment 13/13 A majority of the members of the board constitutes a quorum, unless the articles of incorporation specify a larger number. True False Quiz Score: 23 out of 25 This quiz score has been manually adjusted by +3.0 points.
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