Question
Mistress Overdone and Pompey decide to incorporate as Measure Inn, Inc. They complete all the paperwork and send it to the Vienna Corporation Commission. They
Mistress Overdone and Pompey decide to incorporate as "Measure Inn, Inc." They complete all the paperwork and send it to the Vienna Corporation Commission. They receive a certificate of incorporation, but Vienna law requires recordation of the certifcate as a final step in the incorporation process.
Mistress Overdone thought Pompey recorded. Pompey thought Overdone did. They operate for years, though the certificate is never recorded.
What is their status?
a. | Partnership, because that is the default and they did not lawfully incorporate. | |
b. | de jure corporation. | |
c. | de facto corporation. | |
d. | corporation by estoppel. | |
e. | a defective corporation. |
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