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Business Structures

Question 5 • * HSA 26-27 Economics

To begin their corporation, they must first .

Answer
A
register with the state
B
sell stock to the public
C
share the profits

Explanation

A corporation is created as a legal entity by filing the required formation documents with the state. Selling stock to the public is not required to begin a corporation, and sharing profits is not the step that legally establishes it. Therefore, the correct choice is register with the state.

AI-written and checked against the verified answer.

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