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Linda merando believes a corporation must be incorporated


(a) The following terms pertain to the forming of a corporation:

(1) Charter, 

(2) By-Laws, and 

(3) Organization costs. Explain the terms.

(b) Linda Merando believes a corporation must be incorporated in the state in which its headquarters office is located. Is Linda correct? Explain.

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Accounting Basics: Linda merando believes a corporation must be incorporated
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