Steps in the Incorporation Process

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Business, Social Studies
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University
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Hard
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the first step in bringing a corporation into existence?
Paying the franchise fee
Understanding jurisdictional requirements
Filing the articles of organization
Reserving the corporate name
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How can you ensure the corporate name you choose is available?
By checking with the local business bureau
By searching the directory of names on the Secretary of State's website
By consulting a legal advisor
By submitting a name request form
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What information is required when filing the articles of organization?
The name of the incorporator and registered agent
The company's marketing strategy
The company's financial projections
The company's mission statement
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What must be done if you plan to operate in states other than where you filed?
Pay additional franchise fees
File as a foreign entity in those states
Re-file the articles of organization
Change the registered agent
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What document signifies the official existence of a corporation?
The certificate of incorporation
The business license
The corporate charter
The articles of organization
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