Defining a Corporation with Such Information as the Corporate Name,the

question 19

Multiple Choice

Defining a corporation with such information as the corporate name,the number and type of authorized shares of stock,identification of the purpose and the agent,is done through the:

• A) charter.
• B) articles of incorporation.
• C) certificate of organization.
• D) All of the above. All of these terms are used to identify the same document.

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Definitions:

Market Shares

The portion of a market's total sales that is controlled or held by a particular company or product.

Social Regulation

Rules imposed by government to correct market failures and achieve social goals, which include protecting consumers, workers, and the environment.

Net Benefits

The difference between the total benefits and total costs of a particular action or decision.

Social Regulation

Consists of policies and rules designed to correct behaviors that are not in the best interest of society, including environmental protection and worker safety.