Why is it wise from a risk management perspective to obtain a NUANS report when setting up a new corporation?
A) It is will reveal whether there are already businesses engaged in that industry.
B) It provides notice to creditors of the corporate status of the new entity.
C) It provides a list of entities that can provide services to the new corporation.
D) It will reveal if existing businesses are already using the new business' proposed name.
Correct Answer:
Verified
Q21: How is a single purpose document,used to
Q22: Which of the following exempts entities from
Q23: Which of the following describes the purpose
Q24: ABC Inc.is issuing 10 000 new shares
Q25: Why are shareholders required to hold a
Q27: Why might a business choose to incorporate
Q28: "Bonds" and "debentures" are terms used interchangeably
Q29: Daenna resides in Manitoba and is creating
Q30: Which documents typically set out the rules
Q31: Amber has received a lucrative offer to
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents