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d. the soil cny than making s pet Sx created and recnd by a. an artificial legal

ID: 382768 • Letter: D

Question

d. the soil cny than making s pet Sx created and recnd by a. an artificial legalp b. state law city or coutry clerk's fitkn vote Heidi's shares at s dded eating ie a. a prony preemptive nyt c. a violation of the duty on toyaley d. quorum. 82. Glen, the owner of Harvest Farm, ana ima, thos terant s thes fixed-term tenancy hy a. deed b. implication c. express contract d. sufferance must occupy the lot exclusively 83. To acquire the ownerhip of a vacant va bry advers pnsession, Duwowl continuously, and peaceably for a specifies peried of time a. b. c. d. in an, open, without the owner's knowledge, with the state's permission. until the owner files a suit. National s, Inc. As n sharcholder of recor 84. Mari buys 500 shares of common n stock in National Livestock Traders, Inc. As a sharcholder of t owns a proportionate interest in terms of a. neither control nor carnings and net assets, b. control, earnings, and net assets, c. d. earnings and net assets only control only

Explanation / Answer

Answer 79:- A firm named Scientific Discovery Corporation (SDC) makes an attempt to incorporate for a purpose other than making a profit. SDC is

Correct Answer:- a NONPROFIT corporation.

Answer 80:- Finn and Glenda want to form and do business as Hobby Crafts Corporation. A corporation is a legal entity created and recognized by

Correct Answer:- state law.

Answer 81:- Heidi and Ian are directors and shareholders of Globe Software, Inc. Heidi's written authorization to Ian to vote Heidi's shares at a Globe shareholders' meeting is

Correct Answer:- Proxy

Answer 82:- Glen, the owner of Harvest Farm, and Ima, the tenant of the farmhouse on the property, may create a fixed-term tenancy by

Correct Answer:- express contract.

Answer 83:- To acquire the ownership of a vacant lot by adverse possession, Durwood must occupy the lot exclusively, continuously, and peaceably for a specified period of time

Correct Answer:- in an, open, hostile, and adverse manner.

Answer 84:- Mari buys 500 shares of common stock in National Livestock Traders, Inc. As a shareholder of record, Mari owns a proportionate interest in terms of

Correct Answer:- control, earnings, AND net assets.