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Chapter 1: Q 1-6DQ (page 22)

Question: What document is necessary to form a corporation?

Short Answer

Expert verified

Answer

The articles of incorporation are important for forming a corporation.

Step by step solution

01

Meaning of the incorporation of a company

The process of legally setting up a corporation is called the incorporation of a company. This process involves filing the required documents and getting the entity registered with the concerned authorities at the place of business.

02

The importance of the articles of incorporation in the incorporation process

The article of incorporation is an important document for incorporating the corporation.It contains important information, such as the name and address of the corporation, agent for the service, the amount, and type of stock to be issued by the corporation.

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