Which of the Following Is True of Articles of Incorporation

question 51

Multiple Choice

Which of the following is true of articles of incorporation?

• A) They govern the operations of partnerships in the absence of other expressed agreements.
• B) They provide for protection of limited liability for shareholders.
• C) They combine the advantages of a corporation with the benefits of a partnership.
• D) They are the instruments by which a corporation is formed.

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Definitions:

Discrimination

Unfair treatment of a person or group based on characteristics such as race, gender, age, or disability.

Legal Reason

A rationale or basis that is recognized or upheld by the legal system.

State Laws

The body of law enacted by each state or territory in the United States governing local affairs.

Discrimination

Unjust or prejudicial treatment of different categories of people or things, especially on the grounds of race, age, or sex.