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Which of the following are legal requirements when incorporating a business under the Canada Business Corporations Act? Select all that apply. ( 1 mark )
Which of the following are legal requirements when incorporating a business under the Canada Business Corporations Act? Select all that apply. mark
Choose a unique or numbered name.
State the name, address, and residency of each shareholder.
Provide the names of personal references for the primary operator of the business.
File the business' articles of incorporation.
State the share structure of the corporation and any restrictions on share transfers.
Prepare and file a sound business plan.
State the name, address, and residency of each director.
File the first financial statement.
Provide the banking information for the corporation's official bank account.
State the street address of the corporation's registered Canadian office.
This question is worth one mark, graded as follows:
# of correct choices # of incorrect choices
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