Shareholders of a corporation elect individuals to carry out certain tasks that are establishment in the charter. What these individuals are called ?
Correct answer: D. Board of Directors
- A. Management
- B. Board of Governor
- C. Top brass
- D. Board of Directors
Explanation
Shareholders elect the board of directors to oversee the corporation and perform responsibilities established by its charter. Management usually carries out day-to-day operations under the board's direction.
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