The basic rules governing how a corporation is organized and how it conducts its business are known as _________.
A)corporate bylaws
B)articles of incorporation
C)certificates of organization
D)prospectuses

Question

Quizplus · Accepted Answer

Corporate bylaws are the basic rules that govern how a corporation is organized and how it conducts its business. The articles of incorporation are the legal document that creates the corporation, and the certificates of organization are typically used for limited liability companies. Prospectuses are documents used for publicly traded companies to disclose information to potential investors.

The Basic Rules Governing How a Corporation Is Organized and How