Which term refers to a document that shows the organization's name and object and is sometimes called the articles of incorporation?

Which term refers to a document that shows the organization's name and object and is sometimes called the articles of incorporation?

• A. Articles of Incorporation
• B. Charter of Incorporation
• C. Corporate Charter
• D. Corporate Articles

Answer: (C)

The key idea is the formal instrument that creates a corporation and sets its identity and purpose. That document is the charter—the official charter that grants the organization its existence and outlines its name and object. In practice, people often use the term articles of incorporation to refer to the same filing or document that forms the entity, but the document that states who the organization is and what it may do is best described as the corporate charter. The other terms are less precise for describing the founding instrument: articles of incorporation usually refers to the filing itself, and corporate articles isn’t the standard label for the founding document.

The key idea is the formal instrument that creates a corporation and sets its identity and purpose. That document is the charter—the official charter that grants the organization its existence and outlines its name and object. In practice, people often use the term articles of incorporation to refer to the same filing or document that forms the entity, but the document that states who the organization is and what it may do is best described as the corporate charter. The other terms are less precise for describing the founding instrument: articles of incorporation usually refers to the filing itself, and corporate articles isn’t the standard label for the founding document.