30. Contracts entered into on behalf of the corporation prior to formation... a. Are never enforceable against the promoter b. May be ratified at the organizational meeting of the corporation c. Are null and void 31. A written offer to purchase shares of a corporation before it is formed is called a.. a. Preincorporation Share Subscription b. Preincorporation Purchase Order c. Preincorporation Share Offer d. Preincorporation Stockholder Order 32. Which of the following is true: a. States do not regulate corporations b. Each state has its own body of corporate law c. All states have the same corporate laws d. Corporations are regulated solely by federal law 33. Which of the following is the body of federal tax law? a. IRL (Internal Revenue Law) b. IRC (Internal Revenue Code) c. FTL (Federal Tax Law) 34. Which one of the following states is well known for having permissive corporate sta (Hint: More than 50% of publicly traded companies are incorporated here). a. New York b. California c. Delaware d. Texas