When Incorporating, a Business

question 104

Multiple Choice

When incorporating, a business

• A) may incorporate in any state that it chooses.
• B) must incorporate in the state in which its headquarters are located.
• C) must incorporate in the state in which it does the most business.
• D) must receive the secretary of state's permission to incorporate in any state other than the one in which its corporate headquarters will be located.
• E) None of the above are correct.

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Definitions:

Program

A sequence of instructions written to perform a specified task with a computer.

Hardware Device

A physical component of a computer system that performs a specific function, such as a keyboard, mouse, hard drive, or printer.

Compressing

The act of reducing the size of files or data to save space or expedite transmission, usually through a process that removes redundancies.

Zipping

The process of compressing files or folders into a single file to reduce their size for easier storage or transmission.