Question: 4. Tech Inc. has been dissolved by the state due to its directors' waste of corporate assets. Who will conduct liquidation? Why? 5. LMN Corp.

4. Tech Inc. has been dissolved by the state due to its directors' waste of corporate assets. Who will conduct liquidation? Why? 5. LMN Corp. owes $10,000 to Bank of America. During liquidation, the corporation notified the bank to submit its claim within 150 days. The bank sub mitted the claim on day 160. Must the corporation pay the claim? Discuss. Net Worth 1. In New Jersey, what is the fee to file a certificate of dissolution? What information is required in Paragraph 4? 2. ABCInc., a Texas corporation, was dissolved due to failure to pay taxes. It would like to be reinstated. a. What document must accompany a certificate of reinstatement? b. How long does the corporation have to be reinstated? c. If the corporation had been dissolved voluntarily, what is the time for reinstatement

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