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The Maryland corporation formed by Mick and his group desires to open a location in Delaware. Which of the following statements is true? Select the

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The Maryland corporation formed by Mick and his group desires to open a location in Delaware. Which of the following statements is true? Select the best answer A. in order to do business in Delaware, Paw Playhouse must incorporate in Delaware. B. In order to do business in Delaware, Paw Playhouse of business in Delaware by filing appropriate papers with the Delaware Secretary of State. C. In order to do business in Delaware. Paw Playhouse need only notify the Maryland Secretary of State. D. In order to do business in Delaware and if originally organized as a S Corporation, Paw Playhouse must now convert to C Corporation status. E. C and D are both true. Select the best from among the following statements: A. A corporation protects managers and investors from personal liability for the debts of the corporation and actions of others, and against liability for their own negligence, torts, or crimes. B. A corporation protects managers and investors from personal liability for the debts of the corporation and actions of others, and against liability for their own negligence and torts, but not against liability for their own crimes. C. A corporation protects investors but not managers from personal liability for the debts of the corporation and actions of others, but not against liability for their own negligence, torts, or crimes. D. A corporation protects managers and investors from personal liability for the debts of the corporation and actions of others, but not against liability for their own negligence, torts, or crimes. In the event of the liquidation of a corporation, among the following, what is the correct order of priority (from first or highest priority to last) as to distributions? A. Common Stockholders, Unsecured Creditors. Secured Creditors an H Preferred Stockholders B. Unsecured Creditors. Common Stockholders, Secured Creditors and Preferred Stockholders C. Secured Creditors, Preferred Stockholders, Unsecured Creditors, and Common Stockholders D. Secured Creditors, Unsecured Creditors, Preferred Stockholders, and Common Stockholders E. Lawyers Guns, and Money

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