Who actually owns a corporation?
A) Directors and officers
B) Officers and shareholders
C) Directors only
D) Officers only
E) Shareholders
Correct Answer:
Verified
Q17: Directors and officers have a fiduciary duty
Q18: A stock subscription agreement signed before incorporation
Q19: If a shareholder receives watered stock, they
Q20: Typically shareholders use a majority vote to
Q21: Which of the following is false regarding
Q23: A director may be removed for which
Q24: While ordinary decisions made by directors require
Q25: Which of the following are directors who
Q26: While a shareholder is not legally recognized
Q27: Which of the following is NOT within
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