Question: Which one for each? No explanation needed. Stella is planning to build a national chain of restaurants. She should choose to incorporate under the Canada
Which one for each? No explanation needed.

Stella is planning to build a national chain of restaurants. She should choose to incorporate under the Canada Business Corporations Act and not under provincial legislation for which of the following reasons: Provincially incorporated corporations are more difficult to set up. A company incorporated under the Canada Business Corporations Act has the right to carry on business across Canada. The limited liability of provincially incorporated corporations is not recognized in other provinces or territories. Provincially incorporated corporations may not ever carry on business in another province or territory. Provincially incorporated corporations have restrictions on the types of businesses they can carry on. Question 32 (1 point) ) Listen Vanna is a director of Quor Co, which operates a health food supply business. Vanna manages the business and wants to be the president. Her appointment would have to be approved by the shareholders to be effective: True False Question 33 (1 point) Listen Shakira was injured by the explosion of a widget that was manufactured by Delta Corp. The evidence indicates that Delta was not careless with respect to the manufacture or design of the widget. Nevertheless, Delta may be held liable to Shakira on the basis of the tort of negligence if the company negligently failed to warn Shakira of the danger of explosion where that danger was a reasonable foreseeable risk of the intended use of the widget. True False
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
