The traditional objective of the business corporation has been to:
A) act in a socially and morally responsible manner.
B) act consistently with the purpose clause of the corporation.
C) serve the community in which the business resides.
D) enhance corporate profits and shareholder gain.
Correct Answer:
Verified
Q34: A nonprofit corporation will limit its powers
Q35: The ultra vires doctrine states that:
A)the corporation
Q36: Many corporation statutes,unlike the MBCA,state that the
Q37: Passive investors follow the _ rule: Either
Q38: Which of the following committees of a
Q40: Rules of the New York Stock Exchange
Q41: Which of the following is correct concerning
Q42: Under the business judgment rule,corporate managers:
A)must not
Q43: A supermajority vote is rarely required to:
A)decide
Q44: While at home,Kyle Kinston,the president and CEO
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