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Question Type

Essay Multiple Choice

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All Jurisprudence based

0 tracked cards Commercial and Taxation Laws

The SEC reserves a proposed corporate name but has not issued a certificate of incorporation. The applicants claim reservation itself is the Section18 commencement event. Assume no different legal-creation basis. Which is correct?

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Name reservation and commencement of corporate personality are distinct; Section18 identifies certificate issuance A reservation automatically supplies a special charter A reserved name repeals all filing requirements The applicants may substitute an advertisement for a certificate

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