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Information concerning a corporation's name, ownership, stock value, initial shareholders, directors, and officers is registered and maintained at which of the following levels?

a. Federal
b. State
c. Municipal
d. County

1 Answer

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Final answer:

Corporate information, including name, ownership, stock value, and shareholders, is registered at the state level, where the business is incorporated and operates under state laws.

Step-by-step explanation:

Information concerning a corporation's name, ownership, stock value, initial shareholders, directors, and officers is typically registered at the state level. Each state has its own set of laws and regulations concerning business incorporation. When individuals decide to incorporate a business, the company becomes an entity that is legally separate from its owners, capable of buying property, entering into contracts, and being sued. Shareholders who purchase stock in the corporation become owners of the company and have limited liability for the company's debts.

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