The Primary Document Needed to Incorporate a Business Is

question 46

Multiple Choice

The primary document needed to incorporate a business is

• A)the website of the secretary of state of the state of incorporation.
• B)the minutes of the first organizational meeting.
• C)the articles of incorporation.
• D)the bylaws.

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Definitions:

Semiannual Period-end Payments

Payments made twice a year, often related to financial instruments like bonds or loans.

Semiannual Interest Rate

The interest rate applied to a financial instrument such as a loan or bond twice a year.

Interest Rate

The percentage of a sum of money charged for its use, indicating the cost of borrowing money or the return on invested savings.

Compounded Annually

Refers to the process of calculating interest on both the initial principal and the accumulated interest from previous periods on an annual basis.