Any shareholder can demand access to the corporate books and records.
Correct Answer:
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Q17: Only the general partner in a limited
Q18: A limited partnership can exist by implication.
Q19: Partners are not liable for each others'
Q20: Partners' personal assets can be reached by
Q21: Novation and ratification have the same effect
Q23: Watered shares are shares for which the
Q24: Directors are personally liable for errors in
Q25: An S corporation is created as an
Q26: The corporate veil can be pierced for
Q27: Incorporators are not liable for contracts entered
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