When there is a minor defect in a corporations Article of Incorporation filing, will courts find that a corporation exists?

Under no circumstances can a shareholder ever sue on behalf of the company.

In most states, partners in a partnership are jointly and severally liable to creditors. 

Why do many large corporations set up holding companies?

Bob the Builder own a construction business.  The is the owner and only employee.  The takes all payments direct to his personal bank account, and he files his taxes as an individual at the end of the year.  Bob did not register his business anywhere, and does not operate under an agreement of any sort.  What kind of business does Bob have?

Who owns a corporation? 

Fraudulent misrepresentation involves intentional deceit for personal gain.  For fraud to actually occur, there must be more than “mere puffery”.  What does the court mean by “mere puffery”? Explain the term and give one example. 

Shareholders of closely held corporations are often ___________________.

There is no requirement for small, close corporations to operate with the formality usually expected of larger corporations. 

QUESTION 2 for Gradescope: Determine if the following improper integrals converge or diverge, or whether it is impossible to tell, based on the information given. Provide a brief explanation of each answer. (Answer all three parts on page 2 of your work.) Part A Information:   lim x → ∞ f ( x ) = 0 {“version”:”1.1″,”math”:”\( \lim_{x \to \infty} f(x) =0 \)”} Integral:    ∫ 10 ∞ f ( x ) d x {“version”:”1.1″,”math”:”\( \int_{10}^{\infty} f(x) \,dx \)”} Part B Information:   lim x → ∞ m ( x ) = 1 7 {“version”:”1.1″,”math”:”\( \lim_{x \to \infty} m(x) = \frac{1}{7} \)”} Integral:    ∫ 3 ∞ m ( x ) d x {“version”:”1.1″,”math”:”\( \int_{3}^{\infty} m(x) \,dx \)”} Part C Information:   ∫ 5 ∞ f ( x ) d x converges {“version”:”1.1″,”math”:”\( \int_{5}^{\infty} f(x) \,dx \quad \mbox{converges}\)”} Integral:    ∫ 5 ∞ ( f ( x ) + 1 ) d x {“version”:”1.1″,”math”:”\( \int_{5}^{\infty} (f(x) + 1) \,dx \)”}