The executive officers represent the ultimate authority in every corporation.
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Q10: The true ownership of a corporation is
Q11: A court will not pierce the corporate
Q12: Stocks represent the borrowing of funds by
Q13: Not all directors have a right to
Q14: A corporation is not liable for the
Q15: In many states, close corporations have more
Q16: In certain instances of fraud, a court
Q17: Each director present at a board meeting
Q18: A corporation does not have perpetual existence
Q20: The articles of incorporation serve as a
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