The person or persons, partnerships, or corporations that are responsible for incorporation of a corporation is known as a(n)________.

Question

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Incorporators are the person(s) or entities responsible for filing the necessary paperwork and documents to establish a corporation as a legal entity. Promoters may also be involved in the formation of a corporation, but they are more focused on raising capital and generating interest in the business. Shareholders come into play after the corporation is formed and refers to those who own a portion of the company through stock ownership. Directors are appointed or elected by the shareholders to oversee and make decisions for the corporation.

The Person or Persons, Partnerships, or Corporations That Are Responsible