The promoter of a corporation is

A. the incorporator.
B. an individual or entity that actively assists in creating, projecting, and organizing a corporation.
C. an individual who invests in stock of the corporation prior to its formation.
D. the individual or entity that signs and files the articles of incorporation.


B. an individual or entity that actively assists in creating, projecting, and organizing a corporation.

Business

You might also like to view...

No-par stock that is assigned a stated value by the board of directors is accounted for in virtually the same way as par value stock

a. True b. False Indicate whether the statement is true or false

Business

Nonparametric tests are conducted in SPSS via the NONPARAMETRIC TESTS program

Indicate whether the statement is true or false

Business

All bank memos reported on the bank reconciliation require entries in the company's accounts

Indicate whether the statement is true or false

Business

The notes to the financial statements:

a. provide information on future expansion plan. b. disclose the accounting methods used to prepare the financial statements. c. state an opinion on whether the financial statements are presented fairly and in conformity with GAAP. d. comment on the company's results of operations reported on the financial statements.

Business