What is a corporate charter?
a.
grants rights, privileges, and powers to charters
c.
the laws that govern corporations
b.
charter that defines responsibilities of a corporation
d.
employee union contracts

Question

What is a corporate charter?
a.
grants rights, privileges, and powers to charters
c.
the laws that govern corporations
b.
charter that defines responsibilities of a corporation
d.
employee union contracts

joel_the_boss · Answer

DEFINITION of 'Corporate Charter' A written document filed with a U.S. state by the founders of a corporation detailing the major components of a company such as its objectives, its structure and its planned operations. If the charter is approved by the state government, the company becomes a legal corporation