In its press release, Able Products, a Virginia corporation, announced that it was forming a joint venture
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In its press release, Able Products, a Virginia corporation, announced that it was forming a joint venture with Hyallah, Inc., a toy-making corporation chartered in South Korea. In the release, Hyallah was referred to as a public, foreign corporation. Lin, the CEO of Hyallah, pointed out the terms “public and foreign” were legally incorrect. Is he correct, and why or why not?
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She is correct when she says that the terms public and foreign are technically incorrect A public co...View the full answer
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