Which of the following is true regarding the board of directors of a corporation?
A) Corporate directors have an absolute right to inspect corporate books and records, facilities and premises, as well as any other information affecting the operation of the corporation.
B) Corporate directors have an absolute right to inspect corporate books and records, but not corporate facilities and premises.
C) Corporate directors do not have an absolute right to inspect corporate books and records, or corporate facilities and premises.
D) Corporate directors have an absolute right of inspection to access the corporation's books and records, facilities and premises, as well as other information, but only if the shareholder's vote by majority vote to allow such access.
E) The articles of incorporation may limit the right of the board of directors to inspect corporate books and records, and facilities and premises, as well as other information.
Correct Answer:
Verified
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