The ultimate goal of the incorporation process is issuance of a _____, a basic document of incorporation filed in the appropriate public office.

Question

Quizplus · Accepted Answer

The corporate charter is the basic document of incorporation that is filed in the appropriate public office. It outlines the company's purpose and structure, as well as other important details such as the number and type of shares issued. Memorandum of association, doctrine of ultra vires, corporate veil, and deed of trust may be involved in the incorporation process but they are not the ultimate goal.

The Ultimate Goal of the Incorporation Process Is Issuance of a _____