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Federal law requires an Environmental Impact Statement to be prepared for any: A. major federal environmental legislation that is proposed. B. major federal action significantly affecting the quality of the environment. C. major construction activity, whether conducted by the government or a private enterprise 8. that will have a substantial impact on the environment. D. major federal or state legislation that is proposed 9. A "close" corporation under Texas law: A. Is one that has sold all of its shares to investors therefore the sale of shares is closed B. Can only have shareholders who are members of one famly. C. Must include "This is a close corporation" in its articles of incorporation D. Must have a Board of Directors like all other corporations 10. Laurie is incorporating her business. The business' home state is Wisconsin. Business will be conducted in California, Michigan, Pennsylvania and Virginia. Laurie A. can incorporate the business in any state must incorporate in Delaware. C. must incorporate the business in Wisconsin, California, Michigan, Pennsylvania and Virginia. D. must incorporate the business in Wisconsin, the home state 11. The form of business ownership that is the most easily transferable is the: A. general partnership. B. limited liability company. C. corporation. D. limited partnership