Articles of Incorporation and the Related Bylaws for an Independent

question 2

Multiple Choice

Articles of incorporation and the related bylaws for an independent business would typically include all of the following, EXCEPT:

• A) the legal name of the corporation
• B) annual budget projection for the current year
• C) provision for distribution of assets when the business is dissolved
• D) frequency of required meetings of the executive board

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Definitions:

Optimal Solution

The best possible outcome or solution that maximizes or minimizes the objective function within the constraints of a problem.

Constraints

Limitations or restrictions that are placed on a situation, process, or activity.

Linear Program

A mathematical technique aimed at optimizing outcomes within a mathematical model that is defined by linear equations.

Nonviolating

Nonviolating refers to actions or conditions that do not breach established rules, regulations, or standards.