The first step in the incorporation of a business firm is to   a.  select the state of incorporation.     b.  identify the appropriate market and adopt a business plan.     c.  hold the first organizational meeting.     d.  secure promises of financial support from potential investors.

SWFT Comprehensive Vol 2020
43rd Edition
ISBN:9780357391723
Author:Maloney
Publisher:Maloney
Chapter17: Corporations: Introduction And Operating Rules
Section: Chapter Questions
Problem 12DQ
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The first step in the incorporation of a business firm is to

  a. 

select the state of incorporation.

 
  b. 

identify the appropriate market and adopt a business plan.

 
  c. 

hold the first organizational meeting.

 
  d. 

secure promises of financial support from potential investors.

 
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