Wayne borrows money from Phyllis, who in good faith represents herself as an agent for Retail Lender, Inc. Wayne learns that Retail was never incorporated due to a significant error in Phyllis' incorporation paperwork. If Phyllis sues to recover the loan amount, can Wayne avoid liability based on the fact that Retail does not exist?a. No, because Retail is a de jure corporation. b. No, because Retail is a de facto corporation. c. No, because Retail is a corporation by estoppel. d. Yes, because Wayne borrowed money from the non-existent Retail, not Phyllis.

what are the u m o adds

Explanation:

answer; ///product strategy;

the answer is "b.the increased supply will create a surplus. "

the essential thought behind price controls is straightforward - utilize the power of law to modify the equilibrium of a market. for instance, the legislature may choose that the steel business needs to survive, and in this way pass a law to set a value floor on steel. this implies all steel sold must offer at or over the floor value, which must be set over the equilibrium cost for it to have any impact. the switch could likewise happen - the administration can choose that steel is excessively costly and set a value roof underneath its equilibrium value, with the goal that all steel must be sold at or beneath that ceiling.