Articles of Incorporation

question 40

Multiple Choice

Articles of incorporation

• A)set out the arrangements for carrying on the legal business of the corporation.
• B)are a set of books in which a corporation's records are kept.
• C)set out the fundamental characteristics of the corporation.
• D)are used to govern a corporation, but only until formal rules are adopted at the first shareholders' meeting.
• E)set default rules for the governance of a corporation that apply if the directors do not adopt different arrangements.

Identify factors affecting business location decisions including site selection and accessibility.

Comprehend the distribution channel structures and their impact on business operations.

Recognize the role of intermediaries in the distribution process and the importance of choosing the correct channel for product distribution.

Understand the significance of the Four P's of marketing, specifically place, in business success.