Neci and Olwen Want to Form and Do Business as a Corporation-Pastries

question 17

Multiple Choice

Neci and Olwen want to form and do business as a corporation-Pastries & Pies,Inc.A corporation is a legal entity created and recognized by

• A)a central federal administrative agency.
• B)a city or county clerk's office.
• C)an artificial legal person.
• D)state law.

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Definitions:

Public Good

Offerings of goods or services to the whole society at no expense, facilitated by either the state or private entities, not pursuing profitability.

Public Good

Products or services supplied at no cost to all members of a community, by either governmental or private providers, without the goal of making a profit.

National Defense

Governmental and military actions, activities, and strategies aimed at protecting a country and its citizens from external threats and maintaining national security.

Public Good

A commodity or service that is provided without profit to all members of a society, either by the government or by a private individual or organization.