ECONOMICS
TECHNOLOGY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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the taxes a stockholder must pay if he or she sells ownership in a corporation
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a license to form a corporation issued by the state government
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the stocks representing a majority interest in a corporation
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an annual report filed by a corporation with the Securities and Exchange Commission
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Detailed explanation-1: -A certificate of incorporation is a legal document/license relating to the formation of a company or corporation. It is a license to form a corporation issued by state government or, in some jurisdictions, by non-governmental entity/corporation. Its precise meaning depends upon the legal system in which it is used.
Detailed explanation-2: -The certificate of incorporation is the certificate which specifies the birth of the company as a separate entity. A company legally comes into existence or becomes a separate legal entity on the date stated in its certificate of incorporation.
Detailed explanation-3: -After registration of a company, the Registrar of Companies issues a certificate to the company which is known as Certificate of Incorporation. It acts as a licence to form a corporation.
Detailed explanation-4: -Certificate of incorporation is a legal document required at the time of company formation. It is said to be a license to form a company, issued by the state government. The private limited company in India is measured by the shares that is a shareholders is only liable to a limit of creditors.
Detailed explanation-5: -The certificate of incorporation is also called a certificate of registration. A certificate of incorporation is a legal document relating to the formation of a company or corporation.