[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 documentation 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 bonds limited partnership shareholder preferred stock member watered stock Rule 10b-5 a Registration Statement promoter S-Corporation close corporation general partnership pre-emptive rights common stock limited liability partnership ic. merger public corporation [Choose ] domestic corporation consolidation stock dissociation Section 16(b) limited liability limited partnership d corporation by estoppel foreign corporation partner dissolution bonds limited partnership shareholder preferred stock member watered stock