What Is the Name of the Document That Must Be

question 90

Multiple Choice

What is the name of the document that must be filed to form a corporation in most provinces?

• A) prospectus
• B) articles of incorporation
• C) election of incorporation certificate
• D) registration statement

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Definitions:

Independent Contractor

An individual or entity contracted to perform work for or provide services to another entity as a non-employee.

Employee

An individual who performs work under the direction and control of an employer in exchange for compensation.

Reasonable Skill

The level of competence that one can expect from a person with the standard abilities and knowledge in a particular field.

Breach of Contract

Occurs when one party fails to fulfill their obligations under a contract without a lawful excuse.