Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Kayleigh is a writer with a best-selling novel. She wishes to create a corporation called Kayleigh, Inc. She will be the only shareholder. Can Kayleigh

image text in transcribed
Kayleigh is a writer with a best-selling novel. She wishes to create a corporation called "Kayleigh, Inc. "She will be the only shareholder. Can Kayleigh incorporate her business of writing? A. N. The law does not permit a person to, in effect, incorporate herself. B. No. The law requires at least two people to be shareholders of a corporation C. Only if she forms a Close corporation. D. Yes. This would be the incorporatior of a sole proprietorship

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Millionaire By Thirty The Quickest Path To Early Financial Independence

Authors: Douglas R. Andrew, Emron Andrew, Aaron Andrew

1st Edition

0446501840, 978-0446501842

More Books

Students also viewed these Finance questions