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Fall 2025-91348-202590-BUS315-02 - WI: Business Law I

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Which of the following are what corporations declare to distribute income to shareholders?

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When a corporation is incorporated, the ________blank usually issues a certificate of incorporation, a document certifying that the corporation is incorporated in the state and is authorized to conduct business.

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ANo ________blank relationship has formed when the employer has the right to control the conduct of employees.

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The requirement that a minimum number of directors be present at a meeting for decisions made at the meeting to be valid is which of the following?

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Agency law is primarily governed by ________blank.

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In a limited partnership, ________blank has unlimited personal liability for the debts of the partnership.

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Which of the following is the document filed with the state that explains a corporation’s organization?

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During the ________blank stage, partners complete any unfinished business, collect and pay debts, collect partnership assets, and take inventory.

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________blank are stocks that are issued below the stock’s fair market value.

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What type of agency is formed when it appears an agency relationship exists based on the conduct of the parties?

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