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A Board of Directors Can Have an Inside Director and an Outside

Question 243

Multiple Choice

A board of directors can have an inside director and an outside director. What is an inside director?


A) It is an employee that serves as the director for the corporation's board, but also has operational responsibilities, such as the CEO or CFO.
B) It is the director of the corporation's board that also started the corporation.
C) It is an employee that also serves as the director for the corporation's board.
D) It is an employee that has been hired by the company to be the director of the board.

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