Asked by Donna Gentry on Jun 12, 2024
Verified
Which of the following occurs at a corporation's organization meeting?
A) Adoption of preincorporation contracts.
B) Authentication of the articles of incorporation.
C) Adoption of bylaws to supplement the articles of incorporation.
D) Creation of preincorporation contracts.
Organization Meeting
The initial meeting where the structure of a new organization is decided, officers are elected, and bylaws are adopted.
Preincorporation Contracts
Agreements made by the founding members of a corporation on its behalf before the company is formally incorporated.
Articles of Incorporation
A set of formal documents filed with a state governmental authority to legally document the creation of a corporation.
- Comprehend the process and requirements for the incorporation and organization of corporations.
- Understand the significance and content of corporate articles of incorporation and bylaws.
- Understand the procedures and legal requirements for corporate governance, including meetings and decision-making.
Verified Answer
Learning Objectives
- Comprehend the process and requirements for the incorporation and organization of corporations.
- Understand the significance and content of corporate articles of incorporation and bylaws.
- Understand the procedures and legal requirements for corporate governance, including meetings and decision-making.
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