Deepwater Dredging Company Holds Itself Out to Others as Being

Deepwater Dredging Company holds itself out to others as being a corporation but makes no attempt to incorporate. Estuary Marina signs a contract with Deepwater and Deepwater fails to perform. Estuary Marina files a suit against the firm. The court will likely hold that Deepwater is

A) a corporation by estoppel.
B) an alien corporation.
C) an S corporation.
D) a close corporation.

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