A certificate of incorporation is a legal document that signifies the official birth of a corporation.Group of answer choicesTrueFalse
Question
A certificate of incorporation is a legal document that signifies the official birth of a corporation.
Group of answer choices
True
False
Solution
The statement "A certificate of incorporation is a legal document that signifies the official birth of a corporation" is True.
The certificate of incorporation, also known as articles of incorporation or charter, is a foundational legal document required to establish a corporation. It is filed with the appropriate governmental authority, typically at the state level in the United States, and serves to formally create the corporation as a separate legal entity. This document includes essential information such as the corporation's name, purpose, and structure, as well as details about the shares of stock and the registered agent. Once this document is approved and filed, the corporation is legally recognized and can begin to conduct business, enter contracts, and assume liabilities. Thus, the certificate of incorporation indeed marks the official "birth" of a corporation.
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