Which of the following represents the subset of board of directors that acts as a direct contact between stockholders and the independent accounting firm?

Identify the correct statement about shareholder influence

A. Shareholders often exercise their voting power to replace management. B. In corporate elections, stockholders cannot vote for another candidate. C. If stockholders submit nominees to board nominating committees, the directors have to accept them. D. Most shareholders do not follow management's voting recommendations.

What is the amount of organizational paperwork and ongoing legal formalities for a general partnership?

What will be an ideal response?