Number Qualifications Members Board Directors Specified Corporation S Articles Incorporat Q34202810

The number of and qualifications for the members of the Board ofdirectors are specified in the corporation’s

a. Articles of Incorporation

b.By-laws           

c. Operating Agreement

d. Corporate Charter

A non-possessory interest in an owner’s real property wherebythe person with the interest comes onto the land and extractssomething of value from the land (oil, minerals, etc) is known asaNo

a. Profit

b. Easement

c. Lease

d. License

Assume that a tenant wants to use the owner’s property as aplace of business. An object that is attached to the owner’s realproperty by the business person for their business operations isknown as aNo

a. Constructive fixture

b. Easement

c. Trade fixture

d. Bailment

The document that establishes ownership

OR

 

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OR

 

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