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1. what are professional and (2) Subchapter S Corporations? 3. Define promoter in reference to a corporation. 4. What is the business judgment rule?
1. what are professional and (2) Subchapter S Corporations?
3. Define " promoter" in reference to a corporation.
4. What is the business judgment rule?
5. What is the fiduciary duty of officers ( duty of loyalty and duty of care). When an officer is self-dealing.
6. When is a promoter liable for its contracts before and after incorporation?
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