A director of a corporation has the right to:
A) establish the price for the sale of shares of stock.
B) elect and remove officers.
C) sell,lease,and mortgage assets of the corporation outside the normal course of its business.
D) inspect the corporate books and records.
Correct Answer:
Verified
Q1: Directors are agents for the corporation by
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Q14: Who is considered the owner of the
Q15: Corporations can be convicted of crimes.
Q16: Trading on inside information is in violation
Q17: According to the MBCA,all corporate powers shall
Q17: Under the Delaware General Corporation Law,e-mail is
Q21: A director:
A)cannot be removed from office if
Q22: Vacancies on the board can be filled:
A)only
Q23: To obtain the protection of the business
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