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

question 36

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

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Definitions:

Internal Reporting

The generation and analysis of financial and operational information within an organization, used for decision-making and performance assessment.

SEC

The U.S. Securities and Exchange Commission is a federal agency tasked with overseeing the securities sector and safeguarding investors.

GAAP

Generally Accepted Accounting Principles; a common set of accounting rules and standards used in the United States.

Par Value

The face value of a bond or stock as stated by the issuing company, which may differ from its market value.