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Asked by Melissa Wilkerson on Jul 12, 2024

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Organization expenses of a corporation often include legal fees and promoter fees.

Organization Expenses

Costs associated with starting and organizing a business or company, which may include legal fees, registration fees, and promotional expenses.

Legal Fees

The charges for services provided by lawyers or law firms, including consultations, representation in legal matters, and the preparation of legal documents.

Promoter Fees

Charges or expenses paid to an individual or company for organizing and finding investors for a particular project or business venture.

  • Grasp the concept and implications of corporate financial statements and shareholder equity.
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Diana BatistaJul 19, 2024
Final Answer :
True
Explanation :
Organization expenses of a corporation can include various costs incurred during the process of incorporating, such as legal fees and fees paid to promoters who help with the incorporation process.

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