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Articles Of Incorporation Flashcards, test questions and answers

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We've found 13 Articles Of Incorporation tests

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What must the articles of incorporation state?
The maximum number of shares, the purpose of the corporation, the agent for the corporation, incorporators’ name and address, a name indicating a corporate status
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What does the articles of incorporation indicate ?
* the most basic information about the company, such as its mailing address, name, line of business, number of shares issued, names and addresses of the officers of the company, and so on.
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Which one of the following terms is defined as a conflict of interest between the corporate shareholders and the corporate managers? A. articles of incorporation B. corporate breakdown C. agency problem D. bylaws E. legal liability
C. agency problem
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Which of the following terms is defined as a conflict of interest between the corporate shareholders and corporate managers? A. Articles of incorporation B. Corporate breakdown C. Agency problems D. Bylaws
C. Agency Problems
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Cherry Grove Apartments, Inc. merges with Dutch Elm Realty, Inc. Only Dutch remains. The terms of the merger agreement differ from Dutch Elm’s articles of incorporation. The articles?
are deemed amended to include the differences
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A corporation has perpetual existence regardless of what the articles of incorporation state.
F
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____ are the basic rules governing how a corporation is organized and how it conducts its business. a. Bills of lading b. Articles of organization c. Corporate bylaws d. The articles of incorporation
c
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What information is included in the articles of incorporation?
(i) Corporate name, which must be distinguishable from other corporations and contain the words: (a) Corporate, (b) Incorporation, (c) Limited, (d)company; (ii) Corporate address;(iii) Names and address of incorporators; (iv) Address of a registered office in Indiana; (v) Name of a registered agent in Indiana at that office
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Which one of the following terms is defined as a conflict of interest between the corporate shareholders and the corporate managers? Legal liability. Articles of incorporation. Corporate breakdown. Agency problem. Bylaws.
Agency problem.
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What is the purpose of the articles of incorporation?
(i) Creates a contract between the corporation and shareholders; (ii) Creates a contract between the corporation and the state
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