The state-issned docnment that grants the corporation's right to exist and stipulating the basic terms of its existence is a(n)

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The document that grants a corporation the right to exist and outlines its basic terms is called a charter. A certificate of legitimacy is not a commonly used term in the context of corporations, and an occupancy permit is a document that grants permission to use a physical space. An article of incorporation is a document that outlines the specific details of a corporation's internal structure and operations, but it is not the same as a charter.

The State-Issned Docnment That Grants the Corporation's Right to Exist