Asked by Hassaan Haider on May 25, 2024
Verified
The primary document needed to incorporate a business is the articles of incorporation-the primary source of authority for the firm's organization and functions.
Articles of Incorporation
Legal document filed with a governmental body to legally establish a corporation.
Authority
The right or power assigned to an individual or organization to make decisions, act, and enforce obedience.
Organization
A structured group of individuals working together to achieve common goals or objectives, often characterized by a formal hierarchy.
- Acquire knowledge on the legal prerequisites and process-related details for the incorporation of a company.
Verified Answer
RK
Ramesh KannanMay 26, 2024
Final Answer :
True
Explanation :
The Articles of Incorporation is the primary document needed to incorporate a business, as it outlines the basic information required to establish the company legally and serves as a charter to recognize the firm's organization and functions by the state.
Learning Objectives
- Acquire knowledge on the legal prerequisites and process-related details for the incorporation of a company.
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