Answered step by step
Verified Expert Solution
Question
1 Approved Answer
GHI Corporation claims to be a corporation but it is not. Rachel signs a contract with GHI Corporation that is not performed by GHI Corporation,
GHI Corporation claims to be a corporation but it is not. Rachel signs a contract with GHI Corporation that is not performed by GHI Corporation, but is fully performed by Rachel. In Rachel's suit against GHI Corporation, a court will likely recognize the firm as a. a corporation by estoppel. b. a de facto corporation. c. a de jure corporation. d. an ultra vires corporation.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started