Calvin Tucker is in the process of launching an educational services firm. He plans to incorporate the firm. Because the firm will be incorporated, Calvin is legally required to have a ________.
A) board of investors
B) board of advisors
C) customer advisory board
D) board of directors
E) panel of advisors and peers

Question

Quizplus · Accepted Answer

When incorporating a company, a board of directors is legally required. This board is responsible for making high-level decisions about the company.

Calvin Tucker Is in the Process of Launching an Educational