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Question 1 1 pts Ringo, an attorney, contracts with George to incorporate the George’s business. Their contract stipulates the amount of the fee. On completion of the work, the Ringo’s right to be paid this amount arises from the George’s duty of none of the choices. compensation. subrogation. reimbursement. indemnification. Question 2 1 pts John and Paul are shareholders of Beatle, Inc., a large publicly traded company. As shareholders, their right to inspect the corporate books is unlimited set by the unlimited discretion of the Board of Directors subject to shareholder vote. limited to reasonable requests for a proper purpose unquestioned. Question 3 1 pts Gene owns and operates Byrd Delivery Service as a sole proprietorship. When he dies, the business will automatically transfer to Gene’s heirs transfer to its creditors. reform

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