The matrix structure is an organizational structure where employees are grouped according to products, projects, customers, or geographic functions

The corporation that is owned by the parent corporation in a share exchange is known as the surviving corporation

Indicate whether the statement is true or false

Which of the following statements about mutual insurers is true?

A) They are legally organized as partnerships. B) They have a board of directors which is selected by state insurance departments. C) They are owned by their stockholders. D) They may pay dividends to their policyholders.