Why should you have one or two members of your Board of Directors who can be considered independent?
A) So they can act in the interest of the principal owner
B) They are not susceptible to potential conflicts of interest
C) They usually make the final decisions
D) They have a long list of business and professional contacts
E) They will answer the majority of the entrepreneur's questions
Correct Answer:
Verified
Q37: Founder shares should be distributed equally between
Q38: If employees own equity in the company,
Q39: According to Inc. 500, what percent of
Q40: In general, founder shares should be granted
Q41: Which of the following should an entrepreneur
Q43: Stock appreciation rights of employees accrue only
Q44: What is the minimum expected level of
Q45: What are the disadvantages of distributing founder
Q46: What is the most commonly used form
Q47: Which factor should you consider when choosing
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