A ____ is a document issued by a state to a corporation that specifies the rights and obligations of the stockholders.
A) reseller's license
B) trust certificate
C) indenture
D) charter

Question

Quizplus · Accepted Answer

A charter is a legal document issued by a state government that outlines the creation and structure of a corporation. It specifies important details such as the company's name, purpose, location, and the rights and responsibilities of its shareholders.

A ____ Is a Document Issued by a State to a Corporation