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Lesson 4 Quiz

Is William De Temple an attorney?
Yes
No
What is a Stock Corporation?
A corporation that sells stocks on the open market
A company that buys other corporation’s stocks
A company that issues shares to the investors in the corporation
An LLC is an alternative to a Stock Corporation
True
False
Practices of good corporate governance do not include:
Creating a strong corporate veil to protect investors
Properly create all legal documents required by law
Holding off on DNO insurance until the corporation is successful
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