Shareholders are the owners of the corporation,and part of their responsibility as such is to elect and remove corporate officers.

Name: Shareholders are the owners of the corporation,and part of their responsibility as such is to elect and remove corporate officers.
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Question

Quizplus · Accepted Answer

Shareholders are indeed the owners of the corporation and they elect and remove the board of directors, not the corporate officers. The board of directors typically has the responsibility to appoint and oversee the corporate officers.

Shareholders Are the Owners of the Corporation,and Part of Their