What is the role of shareholders in managing the corporation?
A) Election of directors
B) Approval of corporate transactions that are void or avoidable unless ratified
C) Right to bring enforcement suits
D) All of these

Question

Quizplus · Accepted Answer

Shareholders have the right to elect directors who manage the corporation. They also have the power to approve or ratify corporate transactions, and they can bring enforcement suits in certain circumstances. Therefore, all of these options are correct.

What Is the Role of Shareholders in Managing the Corporation