Which of the following usually occurs in the first several meetings of a family council?
A) A board of directors is elected.
B) A code of ethics is generated.
C) A family constitution is generated.
D) All of these are correct.

Question

Quizplus · Accepted Answer

Usually, the first several meetings of a family council are focused on generating a family constitution that outlines the values, goals, and mission of the family and its business. The election of a board of directors and creation of a code of ethics may happen later in the process.

Which of the Following Usually Occurs in the First Several