Ida and Jay are the directors of Keystone Property Management Inc. Lily and Mike are Keystone officers. Nina is a Keystone shareholder. The responsibility for the overall management of this firm rests with
A) Ida and Jay.
B) Lily and Mike.
C) Nina.
D) none of the parties.

Question

Ida and Jay are the directors of Keystone Property Management Inc. Lily and Mike are Keystone officers. Nina is a Keystone shareholder. The responsibility for the overall management of this firm rests with​
A) Ida and Jay.​
B) ​Lily and Mike.
C) ​Nina.
D) ​none of the parties.

Quizplus · Accepted Answer

The directors, Ida and Jay, have the overall management responsibility for the firm as they make strategic decisions and oversee the operations of the company. The officers and shareholders have specific roles and influence within the company, but the ultimate responsibility for management rests with the directors.

Ida and Jay Are the Directors of Keystone Property Management