Question

In: Economics

Under general incorporation laws, ________. Select one: A. incorporation is a legislative privilege as well as...

Under general incorporation laws, ________.

Select one:

A. incorporation is a legislative privilege as well as a right

B. the secretary of state has to issue a certificate of incorporation

C. incorporation is a legislative privilege, not a right

D. the corporation's shareholders have to make a decision regarding incorporation

Solutions

Expert Solution

Under general incorporation laws the secretary of State has to issue a certificate of incorporation.It also allows corporation to be formed without a charter from the legislature.

So option B is the correct statement .


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