Final answer:
The legal fees and expenses incurred to bring a corporation into existence are called incorporation costs. These costs can include attorney fees, filing fees, and other expenses associated with forming a new corporation.
Step-by-step explanation:
The legal fees and expenses incurred to bring a corporation into existence are called incorporation costs. These costs can include attorney fees, filing fees, and other expenses associated with forming a new corporation. Incorporation costs are considered part of the start-up costs for a business and are typically recorded as an asset on the company's balance sheet.