Which of the following is not one of the essential powers of the directors of a corporation?
A) to declare dividends
B) to adopt by- laws
C) to issue shares
D) to act as mediators in management and employer disputes
E) to call meetings of shareholders
Correct Answer:
Verified
Q15: The CEO of a corporation is
A) chosen
Q16: The duties of a director are primarily
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Q19: Which of the following is TRUE regarding
Q21: The first directors of a corporation hold
Q22: The first directors of a corporation hold
Q24: Regarding financial rights, shareholders have a right
Q25: The decision- making function of the corporation
Q39: If a corporation is profitable,directors must declare
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