Which of the Following Is the Basic Governing Document of a Corporation

question 10

Multiple Choice

Which of the following is the basic governing document of a corporation?

• A) A subscription.
• B) A charter, after filing.
• C) The set of bylaws.
• D) A certificate of authority.

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Definitions:

Penalty

A financial charge imposed on an individual or entity for violating regulations or failing to comply with legal obligations.

Tax Due

The amount of tax owed to a government, typically determined after performing a calculation based on income and allowable deductions.

Social Security

A federal program in the United States that provides retirement benefits, disability income, and survivors benefits to eligible Americans.

Limit

The maximum amount, quantity, or level permitted, often used in financial contexts to describe caps on deductions, contributions, or benefits.