Which of the following statements is FALSE with regarding a one person corporation? A one person corporation has a single stockholder. The stockholder in the one person corporation shall be the sole director and president. A one person corporation is required to submit and file corporate bylaws. A one person corporation shall not be required to have a minimum authorized capital stock.

Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
Section: Chapter Questions
Problem 1.1DQ
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Which of the following statements is FALSE
with regarding a one person corporation?
A one person corporation has a single
stockholder.
O
The stockholder in the one person corporation
shall be the sole director and president.
A one person corporation is required to submit
and file corporate bylaws.
O
A one person corporation shall not be required
to have a minimum authorized capital stock.
Transcribed Image Text:Which of the following statements is FALSE with regarding a one person corporation? A one person corporation has a single stockholder. O The stockholder in the one person corporation shall be the sole director and president. A one person corporation is required to submit and file corporate bylaws. O A one person corporation shall not be required to have a minimum authorized capital stock.
Which of the following may be a cause for
involuntary dissolution?
Express will of any partner
Insolvency of any partner
O Termination of the term
O Expulsion of any partner
Transcribed Image Text:Which of the following may be a cause for involuntary dissolution? Express will of any partner Insolvency of any partner O Termination of the term O Expulsion of any partner
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