BLS 103 Quinsigamond Community Forming an Incorporation Questions
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Your first graded assignment calls for you to apply the information taken from Chapters 15/16. Here is your task:
In this assignment you are going to pretend to form an “inc.” To clarify, you must:
– choose a state in which you will form your entity. Explain why you chose that particular state in which to incorporate your business.
– explain what steps you will need to take in order to create your company in the state you choose.
– explain what documents you must have to create your company.
– give your company a name.
– explain how many shares your company will be authorized to issue. Explain why you chose that number.
– explain how many shares the company will issue and to whom they are to be issued and for how much. Explain your decisions.
– Explain how owners (shareholders) the corporation will have. Explain why you chose that many.
– explain how many directors the company (and state who they are)
– state the names and roles of each of the officers or the company.
