The corporate counsel's opinion verifying the business ventures adherence to corporate formalities and compliance and opinion of the corporation's accounting firm is contained in the:

Question

Quizplus · Accepted Answer

Comfort letters are letters provided by accounting firms to verify the financial information presented in a prospectus or other offering documents. These letters may also include verification of the corporation's adherence to corporate formalities and compliance. Therefore, the corporate counsel's opinion and the opinion of the corporation's accounting firm would be contained in comfort letters.

The Corporate Counsel's Opinion Verifying the Business Ventures Adherence to Corporate