Absent a specific provision in its articles of incorporation, a corporation's board of directors has the power to do all of the following except
A. Repeal the bylaws.
B. Declare dividends.
C. Fix compensation of directors.
D. Amend the articles of incorporation.
Answer: D. Amend the articles of incorporation.
Business
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All forms of vertical marketing systems involve centralized ownership and control
Indicate whether the statement is true or false
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