Which of the following statements is true with respect to the general structure of a corporation?
A. The corporation is treated as a legal person with rights and obligations jointly shared with its owners and managers.
B. Shareholders establish corporate policies and elect or appoint corporate officers.
C. A corporation is governed by shareholders who elect a board of directors and approve fundamental changes in its structure.
D. The board of directors is responsible for carrying out the corporate policies in the day-to-day management of the organizations.
Answer: C. A corporation is governed by shareholders who elect a board of directors and approve fundamental changes in its structure.
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A) Avoid proposing a solution B) Distract the audience from the topic C) Blame the audience D) Focus on a benefit E) Apologize for the bad news
Use of the work without permission or contracting for payment of a royalty best defines
A) fair use. B) infringement. C) cyberlifting. D) digital rights violation.