A written agreement to buy a corporation's stock made in advance of the actual incorporation is known as a subscription agreement.

a. true
b. false

Answer: a. true

Business

You might also like to view...

When a debtor files for bankruptcy:

A. Secured parties should repossess as quickly as possible B. Creditors must freeze all collection activity C. Secured parties become unsecured D. Collateral becomes worthless

Business

Which of the following is most likely to be a part of the mission of a market research department?

A) gather, analyze, and interpret information B) develop training programs for sales personnel C) create an advertisement campaign D) evaluate past sales promotion programs

Business