The Articles of Incorporation

question 2

Multiple Choice

The articles of incorporation:
I.describe the purpose of the firm.
II.are amended periodically.
III.set forth the number of shares of stock that can be issued.
IV.detail the method that will be used to elect corporate directors.

• A)I and III only
• B)I and IV only
• C)II and III only
• D)II and IV only
• E)I, III, and IV only

Understand the significance of labor and trade, including the role of Chinese laborers and the impact of job distribution among them.

Identify the impacts of legislature and innovations on settlement patterns, notably the Homestead Act.

Recognize economic concepts such as economies of scale in the context of the agricultural development in the West.

Understand the importance of mapping in the development of the West and recognize its abilities and limitations.

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Definitions:

Fishery

An area with a naturally occurring population of aquatic species which can be harvested for economic purposes.

Marine Animal

An animal that inhabits the ocean or other marine environments.

User Cost

The economic cost of using a resource today, which considers the lost opportunity of using it in the future.

Energy

The capacity to do work, manifested in physical forms such as heat, light, motion, and chemical energy, crucial to all aspects of life and industry.