Answered: What happens if the term was shortened…

What happens if the term was shortened in bad faith or if the the shortening or corporate term prejudice the rights of third persons/corporate creditors?

SWFT Comprehensive Vol 2020

43rd Edition

ISBN:9780357391723

Author:Maloney

Publisher:Maloney

Chapter18: Corporations: Organization And Capital Structure

Section: Chapter Questions

Problem 16DQ

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What happens if the term was shortened in bad faith or if the the shortening or corporate term prejudice the rights of third persons/corporate creditors?

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