Asked by Zacoriya Everfield on Jun 15, 2024
Verified
Use of "Stewart and Woods, Ltd." as a corporate name would be:
A) permissible as long as it is distinguishable from the name of any domestic corporation or any foreign corporation authorized to do business within the state.
B) impermissible because it does not clearly designate that the organization is a corporation.
C) impermissible because it includes surnames.
D) permissible because the selection of a corporate name is purely up to the organizers of the corporation.
Corporate Name
The legal name under which a corporation is registered to do business, which is protective and exclusive in many jurisdictions.
Distinguishable
Capable of being recognized as different or distinct from others based on specific characteristics or criteria.
Surnames
The family or last names that identify individuals as belonging to a certain family lineage or heritage.
- Comprehend the functions and restrictions of corporate bylaws and articles of incorporation.
Verified Answer
Learning Objectives
- Comprehend the functions and restrictions of corporate bylaws and articles of incorporation.
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