Question: 1.For a corporation involved in ongoing actions which cannot be terminated within the 3 year period following dissolution, the corporation will transfer all of its
1.For a corporation involved in ongoing actions which cannot be terminated within the 3 year period following dissolution, the corporation will transfer all of its property to
2.Voluntary dissolution of a corporation occurs when the SEC orders its dissolution as penalty for the violation of the Revised Corporation Code. This statement is:
3.An ongoing suit against a corporation may continue even after the 3 year period of liquidation. This statement is:
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
