After reading about corporations in the Business Law in Canada textbook, Ajay is considering the possibility of incorporating a corporation. Based on his reading, one of the following statements is true. Choose the statement that is TRUE. Select one: O a. A sophisticated client knows that it is always best to incorporate federally. O b. Generally speaking, a closely held corporation is one in which there are numerous shareholders. O c. While it is possible to incorporate a corporation at the federal level, it is not possible to incorporate at the provincial level. O d. A corporation that is federally incorporated can carry on business in any part of Canada, provided it goes through the formality of registering extra- provincially in each province