Limited Liability Free Transferability of Ownership Interests Continuity of Existence Centralized management Entity Status Articles and Bylaws Pre-Incorporation Contracts Defective Incorporation Ultra Vires Doctrine The Objective of the Corporation Articles and Bylaws Pre-Incorporation Contracts Defective Incorporation Ultra Vires Doctrine The Objective of the Corporation Corporate Structure Special Problems of Close Corporations Corporate Form Corporate Structure Special Problems of Close Corporations Corporate Organization and Management