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Typically, a corporation is formed as a result of the efforts of one or more persons called promoters. These individuals bring together interested persons and take the preliminary steps to form a corporation. Regardless of the promoters’ efforts, however, the resulting corporation is not liable on any contract made on its behalf. The promoters cannot bind an organization that is still to be created. Usually, though, once it comes into being, the corporation adopts the contracts and is bound by them.
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  • The corporation is liable on some contract made on its behalf.
  • The promoters can bind an organization that is still to be created.
  • The promoters are individuals who bring together interested persons and take the steps to form a corporation.
  • A corporation is formed by the government.
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Вопрос задал(а): Анонимный пользователь, 13 Ноябрь 2020 в 01:37
На вопрос ответил(а): Анастасия Степанова, 13 Ноябрь 2020 в 01:37

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A corporation is a legal entity that is created by government grant. Courts speak of the corporation as an artificial person with an existence separate from the persons who organize, own, and run it. However, a corporation is created by people and can do nothing without the aid of people who act for it.
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Вопрос № 800786

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Articles of incorporation are drafted, and when submitted to the proper state official (usually the Secretary of State) they are a plan that serves as an application for incorporation. In most states, when the articles are properly filed, the corporate existence begins. The articles are signed and submitted by one or more persons called incorporators. At least one of the incorporators must have legal capacity to enter into a binding contract. Thus, the incorporators cannot all be minors.

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