Ida and Jay are the shareholders and the directors of Keystone Property Management Inc. Lily and Mike are Keystone officers. The responsibility for the overall management of this firm rests with

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The responsibility for the overall management of a company rests with its board of directors, which in this case is Ida and Jay as the shareholders and directors of Keystone Property Management Inc. The officers, Lily and Mike, are responsible for the day-to-day operations of the company but do not have ultimate responsibility for management decisions. Therefore, the best choice is A) Ida and Jay as the directors.

Ida and Jay Are the Shareholders and the Directors of Keystone