All of the following are true of creating a corporation EXCEPT

Group of answer choices

a corporation's name must end in "company," "corporation," "incorporated," or "limited" to show that the owners have limited liability.

each state has a specific procedure for incorporating a business.

most states require a minimum of three incorporators.

the new corporation's name cannot be similar to that of another business.

the procedure for chartering a corporation is the same in all states.