A corporation's board of directors has the authority to appoint the officers of the corporation.

Name: A corporation's board of directors has the authority to appoint the officers of the corporation.
Brand: Quizplus
Rating: 4.9 (44 reviews)

Question

Quizplus · Accepted Answer

The board of directors of a corporation is responsible for appointing and supervising the officers of the corporation, including the CEO, CFO, and other senior executives. This authority is granted to the board of directors under the corporation's bylaws and state law. Therefore, the statement is true.

A Corporation's Board of Directors Has the Authority to Appoint