Method of incorporation

1-Registration is the method of incorporation used throughout Canada. a.True b.False

2- Susan and Tina decided to start a business and chose incorporation as the structure for the business. Which of the following is not an accurate statement regarding capital raising for the business? a.Holders of common shares have the right to vote at shareholders’ meetings. b.The women can sell shares in the corporation to acquire capital. c.If the women decide to give the shares a specific value at the time of issuance, the practice is referred to as issuing par value shares. d.Shareholders holding preferred shares have a right to dividends greater than those conferred on holders of common shares. e.Holders of preferred shares have the right to vote at shareholders’ meetings.

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