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Which of the Following Is an Incorrect Statement About Directors

Question 40

Multiple Choice

Which of the following is an incorrect statement about directors?


A) Their eligibility requirements may be found in the bylaws.
B) Bylaws may require that directors be shareholders in the corporation.
C) The board of directors has authority to manage the corporation.
D) Courts will interfere with the board's discretion when they disagree with its actions.

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