The Document That Lists the General Powers of a Corporation

question 31

Multiple Choice

The document that lists the general powers of a corporation is called the:

• A) memorandum of hierarchy.
• B) memorandum of association.
• C) articles of entrepreneurship.
• D) articles of incorporation.

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Definitions:

Mutual Fund

An investment vehicle made up of a pool of funds collected from many investors for the purpose of investing in securities such as stocks, bonds.

Investment

The process of assigning funds or other resources with the aim of earning returns or profits.

Five-Year Period

A duration or span of time that lasts for five consecutive years.

Stock Valued

The process of determining the intrinsic value of a stock based on predictions of future earnings and the company's overall financial health.