In a corporation,the ultimate decisions regarding business matters are made by:

Question

Quizplus · Accepted Answer

The Board of Directors is the governing body of a corporation and is responsible for making decisions related to the company's overall strategy, goals, and operations. They are typically elected by the shareholders and have the power to hire and fire executives, declare dividends, and make other critical decisions related to the company's financial well-being. While debt holders and shareholders do have some influence on the board's decisions, they do not have the ultimate decision-making power. Investors, on the other hand, are individuals or entities who have invested money in the corporation but are not part of the governing body.

In a Corporation,the Ultimate Decisions Regarding Business Matters Are Made