Which of the Following Would a Lawyer Most Likely Require

question 43

Multiple Choice

Which of the following would a lawyer most likely require the parties to determine before preparing and filing incorporation documents?

• A) the number of shares to be issued,and to whom
• B) the suitability of federal or provincial jurisdiction
• C) the number of token directors needed for the board
• D) a suitable method for capitalizing the entity

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Definitions:

Parsons

Refers to Talcott Parsons, an influential American sociologist known for his work on the social action theory and the development of functionalism.

Vested Interests

Veblen’s term to describe why privileged members of society resist change.

Veblen

Refers to Thorstein Veblen, an American economist and sociologist known for his critique of capitalism and the concept of "conspicuous consumption."

Privileged Members

Individuals or groups that enjoy special rights, advantages, or immunities within a society, often based on social, economic, or institutional bias.