Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Which of the following is true under the Model Business Corporation Act regarding who may serve as an incorporator of a corporation? Multiple Choice A

Which of the following is true under the Model Business Corporation Act regarding who may serve as an incorporator of a corporation?

Multiple Choice

A single person or a partnership may act as an incorporator, but neither an unincorporated association nor another corporation may act as an incorporator.

At least three natural persons who are adults must serve as the incorporator.

A single person, a partnership, an unincorporated association, or another corporation may act as an incorporator.

A single person may act as an incorporator, but neither a partnership, an unincorporated association, nor another corporation may act as an incorporator.

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

Auditing Derivative Strategies

Authors: Barbara Davison

1st Edition

0894134434, 978-0894134432

More Books

Students also viewed these Accounting questions