The articles of incorporation:
A)establish the rights of the shareholders.
B)are rules which apply only to limited liability companies.
C)address only those issues related to a corporation's managers and directors.
D)establish the compensation to be granted to senior managers.
E)include only the name,purpose,and intended life of the corporation.

Question

Quizplus · Accepted Answer

The articles of incorporation establish the rights of the shareholders as part of the foundational legal document that outlines the corporation's structure and governance.

The Articles of Incorporation