USA HISTORY

THE VIRGINIA DYNASTY 1801 1825

JAMES MADISON AFTER THE WAR OF 1812 THE ERA OF GOOD FEELINGS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
A charter is a legal ____ giving certain rights to a person or company.
A
claim
B
contract
C
paper
D
promise
Explanation: 

Detailed explanation-1: -A corporate charter is a document filed with the Secretary of State or registrar to establish a company as a corporation. The corporate charter must detail the governance, structure, objectives, operations, as well as other major details of the company.

Detailed explanation-2: -charter noun (OFFICIAL PAPER) [ C ] a formal statement of the rights of a country’s people, or of an organization or a particular social group, that is agreed by or demanded from a ruler or government: a charter of rights.

Detailed explanation-3: -A project charter is a formal document that outlines the business objective of your project and, once approved, initiates the project.

Detailed explanation-4: -Introduction. Charters are legal documents that legally set up corporate companies. Only national and regional governments are authorised to issue charters.

There is 1 question to complete.