The contracts Min-ji, Marcus, and Penelope made with their friends to buy stock are known by what term?

A) Promotion agreements
B) Capital agreements
C) Subscription agreements
D) Novation agreements
E) Acceptor agreements

Subscription Agreements

Legal agreements for the purchase of shares in a company, typically used in private placements, detailing the terms and conditions of the investment.

Incorporation Process

The legal procedure by which a business entity is formed as a corporation, involving registration with the state, drafting articles of incorporation, and meeting other regulatory requirements.

Capital

Financial assets or the financial value of assets, such as cash or goods, used by a company to fund its operations and facilitate its growth.