The First Step in Becoming a Corporation Is to File

question 35

Multiple Choice

The first step in becoming a corporation is to file a(n) _______ with the state government.

• A)business plan
• B)bank statement
• C)corporate charter
• D)list of board members

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Definitions:

Bad Check

A check that cannot be processed because the account on which it was drawn lacks sufficient funds.

Article 2

A section of the Uniform Commercial Code (UCC) that governs the sale of goods in the United States, detailing rights, obligations, and warranties in sales contracts.

UCC

The Uniform Commercial Code, a comprehensive set of laws governing commercial transactions in the United States, including sales and leases of goods.

Current Practices

The existing methods, procedures, or techniques that are widely used or employed in a particular field or industry.