Under the Revised Model Business Corporation Act, Which of the Following

question 88

Multiple Choice

Under the Revised Model Business Corporation Act, which of the following must be part of the articles of incorporation?

• A) The purpose of the corporation.
• B) The bank used in funding the corporation.
• C) The attorney for the corporation.
• D) Information concerning where the corporation plans to transact business.
• E) The address of the registered office.

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Definitions:

Nominal Data

A type of data that categorizes variables without a natural order or ranking among the categories.

Continuous Data

Data that can take any value within a given range, often representing measurements on a continuous scale.

Standard Deviation

A statistic that measures the amount of variation or dispersion of a set of values.

Dispersed

Spread over a wide area or among a large number of people.