Mark Wants to Incorporate

question 122

Multiple Choice

Mark wants to incorporate.Which one of the following statements is correct with regard to incorporating in Nova Scotia?

• A) Articles of incorporation is the document used to incorporate the company.
• B) These are "letters patent" jurisdictions.
• C) The documents to be sent to the registrar of companies are called the "memorandum" and the "articles."
• D) The "objects" of the company must be set out in the charter document so that the shareholders understand the limits on the capacity of the corporation.
• E) You can't incorporate a closely held company in these jurisdictions.

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Definitions:

Syndicate

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Commercial Letter

A letter used in business transactions that deals with specific aspects of commercial operations.

Foreign Bond

A bond issued in a country by a foreign entity, denominated in the currency of the country where it is issued.

Multinational Technology

Advanced technological systems and solutions that are developed, deployed, and used across multiple countries by international businesses.