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

question 37

Multiple Choice

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

• 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 the SEC

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Definitions:

Centigrade

A scale of temperature in which water freezes at 0 degrees and boils at 100 degrees under standard conditions.

Hemiplegia

Paralysis of one side of the body, typically resulting from damage to the brain or spinal cord.

Hemi-

Refers to a prefix meaning half or partial, often used in medical and scientific terminology to describe something that affects one side or part.

Hypertrophy

An increase in the size of an organ or tissue through the enlargement of its cells.