Multiple Choice QuestionWhat is a legal document that the state issues to a company based on information the company provides in the articles of incorporation?Multiple choice question.Stock certificateCorporate charterCorporate deedDividend certificate
Question
Multiple Choice QuestionWhat is a legal document that the state issues to a company based on information the company provides in the articles of incorporation?Multiple choice question.Stock certificateCorporate charterCorporate deedDividend certificate
Solution 1
The answer is Corporate charter. This is a legal document issued by the state to a company based on the information the company provides in the articles of incorporation. It gives the company the right to exist and to do business under its corporate name.
Solution 2
The answer is Corporate charter. This is a legal document issued by the state when a company is incorporated. It includes details like the firm's name, type of business, amount of stock it is authorized to issue, and names of the initial directors.
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