Which of the Following Is Generally the Only Duty of an Incorporator

question 21

Multiple Choice

Which of the following is generally the only duty of an incorporator?

• A)Prepare and distribute the share prospectus
• B)Select the corporate board of directors
• C)Select corporate officers
• D)Assign a par value to company stock
• E)Sign the articles of incorporation

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Definitions:

Consumer Goods

Products and services that are consumed or used by individuals, as opposed to those purchased by businesses or industries.

Technological Improvements

Enhancements and innovations in technology that increase productivity, efficiency, or value in processes or products.

Additional Resources

Refers to extra assets or inputs available that can be used to enhance the production or efficiency of something.

Investment

Allocating resources, usually money, with the expectation of generating an income or profit.