Which of the following is true of corporate bylaws?

Question

Quizplus · Accepted Answer

Corporate bylaws are internal documents that outline the governance of the corporation, including the roles of directors and officers, and how decisions are made. They do not have to be filed with any government official, unlike the articles of incorporation which are a public record. Bylaws are indeed binding on the corporation, its directors, officers, and shareholders, and they cover more than just interactions with the government. They are typically adopted by the corporation's board of directors or shareholders.

Which of the Following Is True of Corporate Bylaws