Which of the following statements about corporate boards in the U.S. is (are) true?
A) The chairman of the board is responsible for setting the meeting agendas and requesting necessary information from the firm's management.
B) Being a member of a board of directors is a full time job, often requiring 80 hours or more a week.
C) Outside directors may not have any role within the company itself and may not have any type of relationship to the CEO of the company either.
D) In most corporations, the positions of CEO and chairman of the board are separate.
Correct Answer:
Verified
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