Corporations come into existence as the result of the activities of one or more persons known as promoters.

Name: Corporations come into existence as the result of the activities of one or more persons known as promoters.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Corporations are created by promoters, who can be one or more individuals, and are responsible for organizing and starting the company. Promoters may also be responsible for securing funding, hiring key personnel, and setting the initial strategy and direction for the corporation.

Corporations Come into Existence as the Result of the Activities