B.corporations Distinguished From Other Forms Of Business Associations.It is sufficient to state that the purpose of the corp is to engage in any lawful business activity.If yes, then it is within the firm’s line of business.A p’ship is an aggregation of two or more persons who are engaged in business as co-owners.Investment or operation, as opposed to a continued business enterprise.Regular course of business.These include shareholder lists, minutes, financial records, and business documents.Obligations Of Predecessor Business.Management Of Corporation’s Business.Business Dealings With The Corporation.

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