What type of business structure requires reviewing a certified copy of the resolution from the Board of Directors?

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The business structure that necessitates reviewing a certified copy of the resolution from the Board of Directors is a corporation. In a corporation, the Board of Directors is responsible for making significant decisions that affect the corporation's operation and governance. When actions such as entering into contracts or specific transactions are to be undertaken, a resolution is typically adopted by the Board. This written resolution serves as documentation of the Board’s approval and provides assurance that the actions taken have been properly authorized.

For corporate formalities, it is crucial to maintain proper records, including resolutions that reflect the decisions made by the Board. Such documentation is essential for compliance with legal requirements and for providing transparency to stakeholders, including shareholders and regulatory bodies.

In contrast, the other business structures mentioned do not generally require a formalized Board of Directors or certified resolutions. General partnerships are characterized by direct agreements among partners without the need for such formal internal governance. Fictitious names, while requiring registration, do not involve a Board and its resolutions. Limited Liability Companies (LLCs) may have similar governing bodies but usually operate with different documentation rules and may not require the same level of formal resolutions as corporations.

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