A corporation’s legal status

A. ends onthe date stated inarticlesof incorporation unless renewed.
B. ends on death ofthe primary shareholder.
C. has no specificlifespan at its inception.
D. endson the date established by the secretary of statewhen the articlesare filed.


Answer: C

Legal Studies & Paralegal

You might also like to view...

Which best describes the circumstances in which an individual qualifies for unemployment benefits?

A) Upon termination B) No fault of his own C) Upon retirement D) So long as an employee is out of work, he or she will qualify for unemployment benefits.

Legal Studies & Paralegal

Homeowner hired a plumber to work on a leaky water line. The plumber demonstrated to and informed the homeowner how to cut off the water at the connecting line to the city system in the event the leak got worse before the plumber could return with all the proper parts. Homeowner intentionally neglected to shut the water off and incurred a water bill from the city for $400 more than the usual

bill. Homeowner is now suing the plumber. The plumber should argue that the homeowner failed to: A) mitigate the damages. B) mitigate the contract. C) agree to equitable remedies. D) agree to specific performance.

Legal Studies & Paralegal

You go to an assessment center and are placed at a computer. You answer a variety of emails that involved situations you might encounter and need to solve in this future job. Which type of device does this BEST exemplify?

A. situational judgment tests B. leaderless group task C. in-basket task D. the business game

Legal Studies & Paralegal

Differentiate Consecutive sentences and Concurrent sentences.

What will be an ideal response?

Legal Studies & Paralegal