Which of the Following Is Not Required in a Corporation's

question 10

Multiple Choice

Which of the following is not required in a corporation's articles of incorporation under the Revised Model Business Corporation Act?

• A) The name of the corporation
• B) The name of the registered agent
• C) The names and addresses of the incorporators
• D) Information regarding the purpose of the corporation
• E) The address of the registered office

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Definitions:

Statute Law

Law enacted by a legislative body, such as a parliament or congress, officially documented and codified.

Gratuitous Promise

A promise made without expecting anything in return, often not legally binding unless certain formalities are met.

Consideration

The benefit, interest, right, or profit that is given or promised to one party in a contract in exchange for them to do or not do something.

Binding Contract

An agreement between two or more parties that is legally enforceable.