Which of the following is NOT a duty of the directors of corporations?
A) to adopt by-laws governing the business
B) to issue shares
C) to call meetings of shareholders
D) to take care of the day-to-day business of the corporation
E) to declare dividends
Correct Answer:
Verified
Q7: What are pre-emptive rights?
A)rights to buy as
Q8: In a distributing public company,auditors are appointed
Q9: Directors owe duties to
A)the public.
B)creditors of the
Q10: John,the controlling shareholder of a large national
Q11: The only "document of record" the company
Q13: A director will be criminally liable where
Q14: Regarding financial rights,shareholders have a right to
A)receive
Q15: To ensure the accuracy of financial statements,business
Q16: The CEO of a corporation is
A)chosen from
Q17: Sometimes almost all the directors of a
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents