To form a corporation, the organizers must follow the requirements set forth by the corporation code of the state in which the c

Question

son4ous [18]

3 years ago

15

To form a corporation, the organizers must follow the requirements set forth by the corporation code of the state in which the c

orporation is to be incorporated. This process is called ________.

Business

1 answer:

Fantom [35] · Answer 1 · 2022-09-14T23:53:51+03:00

Answer: Incorporating a corporation

Explanation:

According to the question, the given process is known as incorporating the corporation. As, the incorporation is one of the type of legal process in which the organization are used the various types of corporate entities to form a corporation.

The corporation is the type of legal entity in an organization which results into the separation of investors and the owner.

According to the question, the organizers uses the proper requirement with the help of corporation code to form a proper corporation.