What Is Ordinarily the First Step in the Formation of a Corporation

question 276

Multiple Choice

What is ordinarily the first step in the formation of a corporation in the United States?

• A) Development of by-laws for the corporation
• B) Issuance of the corporate charter
• C) Application for incorporation to the appropriate Secretary of State
• D) Registration with a government agency

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Definitions:

Informational Roles

Roles that involve the processing and dissemination of information, crucial for decision making and organizational coordination.

Figurehead

A person who holds a title or office but has little real power or authority, often serving a symbolic role.

Liaison

A person or role that acts as a link to assist in communication or cooperation between groups or individuals.

Ethics Mindfulness

An enriched awareness that causes one to consistently behave with ethical consciousness.