The shareholders of a C corporation fill in all the required paperwork with a government agency. They also adopt a set of rules that will govern the way the corporation is organized and conducts its business. Given this information, the shareholders most likely adopt _____.
A) instruments of accession
B) corporate bylaws
C) articles of incorporation
D) rules of origin

Question

Quizplus · Accepted Answer

Corporate bylaws are the rules adopted by the shareholders of a corporation to govern its internal management and business conduct.

The Shareholders of a C Corporation Fill in All the Required