The document issued by a public company allowing it to commence business is the
Answer Details
The document issued by a public company allowing it to commence business is called the "Certificate of Incorporation."
When a group of people decides to form a company, they must register it with the government. The process of registering a company involves submitting documents to the government, including the company's Memorandum of Association and Articles of Association. These documents outline the company's purpose, structure, and internal regulations.
Once the government approves the registration and verifies that all necessary documents have been submitted, it issues a "Certificate of Incorporation" to the company. This certificate officially recognizes the company as a legal entity and grants it the authority to commence business operations.
In summary, the "Certificate of Incorporation" is a crucial document that allows a public company to legally operate and conduct business.