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Robertson v. Levy, 197 A. 2d 443 (D.C. Ct. App. 1964); Model Bus. Corp. Act § 2.04 cmt. (2003).
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1What is the de facto corporation doctrine?
What is the de facto corporation doctrine?2What is the doctrine of corporation by estoppel?
What is the doctrine of corporation by estoppel?3Under the MBCA, a corporation must maintain copies of which seven documents at its principal office?
Under the MBCA, a corporation must maintain copies of which seven documents at its principal office?4What is the doctrine of corporate personhood?
What is the doctrine of corporate personhood?5What is a foreign corporation?
What is a foreign corporation?6Under the MBCA, how does a foreign corporation gain authorization to transact business in a state other than the one in which it is incorporated?
Under the MBCA, how does a foreign corporation gain authorization to transact business in a state other than the one in which it is incorporated?7Under the MBCA, to transact business in a state other than the state in which it is incorporated, what must a foreign corporation put in its applic...
Under the MBCA, to transact business in a state other than the state in which it is incorporated, what must a foreign corporation put in its application for a certificate of authority?8Under the MBCA, what actions may a foreign corporation take in another state that do not require a certificate of authority?
Under the MBCA, what actions may a foreign corporation take in another state that do not require a certificate of authority?9Under the MBCA, if a foreign corporation transacts business in a state without the necessary certificate of authority, what are the consequences?
Under the MBCA, if a foreign corporation transacts business in a state without the necessary certificate of authority, what are the consequences?10Under the MBCA, what is the rule for when a state may revoke a foreign corporation’s certificate of authority?
Under the MBCA, what is the rule for when a state may revoke a foreign corporation’s certificate of authority?11Under the MBCA, what must a corporation put in its articles of incorporation?
Under the MBCA, what must a corporation put in its articles of incorporation?12A corporation managed convenience stores. The corporation’s articles of incorporation contained a provision that explicitly prevented the corporati...
A corporation managed convenience stores. The corporation’s articles of incorporation contained a provision that explicitly prevented the corporation from selling marijuana in any of its stores. After these articles were created, all the states in which the corporation had stores passed measures allowing for the sale of marijuana by properly permitted convenience stores. The corporation’s stores qualified for permits to sell marijuana. The state in which the corporation is located has adopted the MBCA.May the corporation’s convenience stores now sell marijuana?13Must the state in which a business incorporates be the same state in which the business’s office or principal place of business is located?
Must the state in which a business incorporates be the same state in which the business’s office or principal place of business is located?14Must the incorporators of a business be natural persons?
Must the incorporators of a business be natural persons?15When does a new corporation begin to exist?
When does a new corporation begin to exist?16Under the MBCA, are corporations required to adopt an initial set of bylaws?
Under the MBCA, are corporations required to adopt an initial set of bylaws?17Under the MBCA, may corporations adopt special bylaws that take effect only if an emergency occurs?
Under the MBCA, may corporations adopt special bylaws that take effect only if an emergency occurs?18What is the name for the documents that must be filed to create a limited-liability company (LLC)?
What is the name for the documents that must be filed to create a limited-liability company (LLC)?19What must be included in an LLC’s articles of organization?
What must be included in an LLC’s articles of organization?20What document governs the operation of an LLC?
What document governs the operation of an LLC?21May an LLC’s operating agreement eliminate a manager’s duties of loyalty and care?
May an LLC’s operating agreement eliminate a manager’s duties of loyalty and care?22May an LLC’s operating agreement eliminate a manager’s obligation of good faith and fair dealing?
May an LLC’s operating agreement eliminate a manager’s obligation of good faith and fair dealing?