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A ____ Usually Is a Higher-Level Representation of How a Business,government,or

question 38

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A ____ usually is a higher-level representation of how a business,government,or school is organized,for example reflecting a geographical location or major division of that organization.


Definitions:

Ratifies

The act of formally confirming or approving a decision or agreement, making it officially valid.

Preincorporation Contract

An agreement entered into on behalf of a corporation before it is legally formed.

Corporate Promoter

An individual or entity that undertakes the efforts to organize and establish a corporation, including arranging initial capital, legal requirements, and business plans.

Liable

Subject to legal responsibility or obligation, typically involving financial restitution.

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