Homework Answers
Answer -
Articles of incorporation are a set of formal documents, providing basic information about the corporation.
It includes the following :
- The name and address of the corporation.
- The objectives of the corporation.
- The minimum capital requirements.
- The classes of stock.
Hence, Option - (2) is Correct, because an articles of incorporation do NOT include a list of all stockholders' names.
Note - Option - (1), Option - (3), Option - (4) and Option - (5) are incorrect, because all these are included in the articles of incorporation.
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