Generally,corporate acceptance of preincorporation subscriptions occurs by action of the:

A) board of directors after incorporation.
B) promoters during their issuance.
C) board of directors during their issuance.
D) promoters before incorporation.

Preincorporation Subscriptions

Agreements made by individuals or entities to purchase stock in a corporation that has not yet been formed.

Board of Directors

is a group of individuals elected by shareholders to oversee and make decisions on behalf of a corporation.

Promoters

Individuals or companies that initiate the creation of a business or corporation, often handling the legal and logistic tasks of organization.