The CEO of Dynadyne corporation has been more concerned with enhancing his lifestyle by having the company pay for expensive corporate retreats than he has been with increasing the value of the company's stock.In this situation,the CEO is ________ and the stockholders are ________.
A) the principal; the agents
B) the agent; the principals
C) an agent; also agents
D) a principal; also principals
Correct Answer:
Verified
Q66: Unlike a sole proprietorship,a corporation's shareholders
A)own the
Q67: _are the owners of a corporation.
A)The board
Q68: Jack Dorsey is the Chief Executive Officer
Q69: The person hired by a corporation's board
Q70: In many corporations,the managers of the corporation
Q72: When a business is set up as
Q73: The only type of business that faces
Q74: Corporate managers and shareholders do not always
Q75: The shareholders of a corporation
A)are inside directors
Q76: Corporations are legally owned by their board
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