Genna and four others are establishing a business to create monogrammed items of personal clothing to sell to the general public. genna is concerned about entering into business with others and possibly being liable for their actions, so she convinces the others that they should incorporate. after doing some basic research on how to incorporate a business, genna starts preparing the articles of incorporation. at a minimum, genna must make sure that the articles of incorporation include:

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05-04-2022
Business

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Genna and four others are establishing a business to create monogrammed items of personal clothing to sell to the general public. genna is concerned about entering into business with others and possibly being liable for their actions, so she convinces the others that they should incorporate. after doing some basic research on how to incorporate a business, genna starts preparing the articles of incorporation. at a minimum, genna must make sure that the articles of incorporation include:

Sagot :

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ajeigbeibraheem ajeigbeibraheem · Answer 1 · 2022-04-11T04:47:24-04:00

Genna's article of incorporation must include:

Name of the corporation,
Number of shares of stock the corporation is authorized to issue,
Name and street address of the initial registered agent of the corporation as well as its registered office, and
Name and address of each incorporator.

What are the articles on incorporating a business?

Articles of incorporation are a series of formal documents that must be filed with a government agency in order to legally establish the formation of a business.

Many businesses in the United States are organized as corporations, which are legal entities incorporated in the region in which they conduct business. A business must be incorporated in order to be formally recognized as a corporation by following certain actions and making certain decisions as mandated by corporate law.

Genna's article of incorporation must include:

Name of the corporation,
Number of shares of stock the corporation is authorized to issue,
Name and street address of the initial registered agent of the corporation as well as its registered office, and
Name and address of each incorporator.

Learn more about the articles on business incorporation here;
https://brainly.com/question/17134082

Sagot :

What are the articles on incorporating a business?

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