InCorporated

User Generated

qovttf10

Business Finance

Description

For this assignment, you will determine whether a corporation has been properly incorporated.

By successfully completing this assignment, you will demonstrate your proficiency in the following course competencies and assignment criteria:

  • Competency 2: Recognize the various forms, requirements, and limitations of business organizations.
    • Identify the legal requirements for forming a corporation.
    • Determine whether a corporation has met all legal requirements to be incorporated.
  • Competency 6: Communicate professionally, according to the expectations of the field of accounting.
    • Express main points, arguments, concepts, and information coherently and logically.

Assignment Instructions

Analyze Business Case 39-5, "Improper Incorporation," located on page 778 of your textbook. Prepare a professional-caliber brief on the case.

Based on the case information provided:

  • State the facts of the case and the key issues.
  • Cite the code or statute provisions applicable to the case.
  • Determine whether the corporation has met all legal requirements to be incorporated, and explain your reasoning.
  • Express your main points, arguments, concepts, and information coherently and logically.

To support your brief:

  • Identify the legal requirements for forming a corporation, and cite relevant law.

Additional Requirements

  • Cover page: Include your name, the assignment number, and the assignment or case title.
  • Length: 1–2 double-spaced pages, not including the cover page.
  • Font and font size: Times New Roman, 12-point.
  • APA formatting: Format resources and citations according to current APA guidelines.

User generated content is uploaded by users for the purposes of learning and should be used following Studypool's honor code & terms of service.

Explanation & Answer

Attached.

Running Head: IMPROPER INCORPORATION

Improper Incorporation
Student
Date

1

IMPROPER INCORPORATION

2

Denise Rubenstein and Christopher Mayor Company Bayshore Sunrise Corp, (BSC)
formed in New York was supposed to rent premises and operate a Laundromat. This is according
to the article of its incorporation which clearly defines what the company is supposed to do; the
location of the company that is the area of operation; its scope of operation and for this matter
how much is at hand to operate the business (Berlack, 1936). The necessary licenses, registration
certi...


Anonymous
Excellent resource! Really helped me get the gist of things.

Studypool
4.7
Trustpilot
4.5
Sitejabber
4.4

Similar Content

Related Tags