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5 Written questions

5 Matching questions

  1. partnership
  2. perpetuity
  3. particeps criminis
  4. domestic corporation
  5. pactum
  1. a a corporation is domestic to the state in which it is started in
  2. b an agreement; contract
  3. c business run by two or more people
  4. d forever
  5. e partner in crime; an accomplice

5 Multiple choice questions

  1. person who has the idea for the corporation, gets the money raised to make it happen
  2. a situation where the aggrieved party between each other and other the agreement some kind of transfer of possession of property is stimulated.
  3. more secure. Better for long term investments. More expensive than common stock. Sometimes called blue chip; is stock that gives the owner the advantage of receiving cash dividends before common stockholders receive any.
  4. beyond the legal power or authority of a person or official or body etc
  5. a disinterested person appointed by the court to received and preserve property

5 True/False questions

  1. pro formaas a matter of form

          

  2. recognizance"things done"; this rule allows spontaneous remarks to be admitted into evidence although they would normally be considered hearsay

          

  3. res judicata"things done"; this rule allows spontaneous remarks to be admitted into evidence although they would normally be considered hearsay

          

  4. resready for judgment

          

  5. rescindperson

          

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