BCL – L1 – SA – Q96 – Alternative Forms

company is said to be incorporated when it is registered with registrar of the company.

A   Licensing

B   Government

C   Existing

D   Joint stock

D

Explanation:
The correct answer is D because a joint stock company is incorporated when registered with the registrar, formalizing its legal existence. Licensing (A) and government (B) are unrelated to incorporation, and existing (C) is vague and not a type of company.