Under the general incorporation law,the minimum number of owners a business needs to be incorporated as a for-profit corporation is:

A) 10.
B) 5.
C) 1.
D) 20.

General Incorporation Law

A set of statutes established by a state that provides guidelines and regulations for the formation, operation, and dissolution of corporations.

For-Profit Corporation

A type of organization that is intended to operate with the goal of making a profit for its shareholders.

Owners

Individuals or entities that hold the legal right or title to property, assets, or intellectual property.