___________________: kitchen remodel; steam riser; courts said BOD met test of business judgement rule

Generally, officers of a corporation

A. Are elected by the shareholders. B. Are agents and fiduciaries of the corporation, having actual and apparent authority to manage the business. C. May be removed by the board of directors without cause only if the removal is approved by a majority vote of the shareholders. D. May declare dividends or other distributions to shareholders as they deem appropriate.

A bull market is a prolonged declining market

Indicate whether the statement is true or false.