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A corporation is always liable for the actions

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janice shell Member Profile janice shell Member Level 
Friday, April 13, 2012 5:19:22 PM
Re: M0NEYMADE post# 21731 Post # of 23931 
A corporation is always liable for the actions of its predecessors. If you buy a shell that has delinquent filings, you have to supply them, for example. You also assume the predecessor company's debt, and so on.


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