[ Choose ] Jill makes a representation to Big City Bank ("BCB") that she is the sole director and shareholder of American Letter Corporation (ALC"), even though she is not. However, she possesses ocumentation and the ALC corporate seal. If BCB lends $10,000 to ALC and then learns that no such corporation exists, BCB will be able to seek repayment from both Jill and ALC. What legal term will describe ALC? [ Choose ] Cal Lettuce Corp. gives all 15,000 of its shareholders the right to purchase newly issued shares of Cal Lettuce stock in proportion to the percentage of shares they currently own and before anyone else is offered the shares. What are these rights called? [ Choose ] A corporation may finance its expansion by borrowing money and issuing [Choose ] [Choose ] domestic corporation consolidation t she is the eholder of oration she is not sses the ALC Blends then learns ation exists, seek th Jill and erm will stock dissociation Section 16(b) limited liability limited partnership corporation by estoppel gives all 15,000 foreign corporation es the right to partner ssued shares of in proportion to dissolution of shares they bonds nd before anyone ne shares. What limited partnership called? shareholder may finance its orrowing money preferred stock member watered stock Rule 10b-5 dissolution Ider of tion is not. bonds limited partnership shareholder ALC Ends en learns n earsts, k k ill and will preferred stock member watered stock Rule 10b-5 Es all 15.000 Registration Statement e right to promoter ed shares of Droportion to S-Corporation ares they close corporation efore anyone nares. What general partnership ed? pre-emptive rights common stock finance its owing money limited liability partnership merger public corporation