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QUESTION 36 A corporation that officially states in its Articles of Incorporation that its purpose is to engage in any lawful activity for the corporations

QUESTION 36

A corporation that officially states in its Articles of Incorporation that its purpose is "to engage in any lawful activity for the corporations may be organized under the General Corporate Law of the State of California" has not sufficiently defined the corporation's purpose, which must be more narrowly defined.

True

False

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