The first step that must be taken to terminate a corporation is filing. Hence, Option A is correct.
An organisation that is authorised by the state to act as a single entity and is recognised as such in law for specific purposes is known as a corporation.
This organisation is typically a company or group of people. Early corporations have charters that set them up. In most jurisdictions today, new corporations can be formed through registration.
It is legal for corporations to make agreements, bring legal actions, own property, pay taxes to the government on a state and federal level, and take out loans from financial institutions.
Therefore, Option A is correct.
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