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Articles of Incorporation

Question 40

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Articles of incorporation


A) set out the arrangements for carrying on the legal business of the corporation.
B) are a set of books in which a corporation's records are kept.
C) set out the fundamental characteristics of the corporation.
D) are used to govern a corporation, but only until formal rules are adopted at the first shareholders' meeting.
E) set default rules for the governance of a corporation that apply if the directors do not adopt different arrangements.

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