Which of the following is true regarding how directors are chosen during incorporation?
A) Prior to incorporation, either the incorporators appoint them or the corporate articles name them.
B) Prior to incorporation, either the incorporators appoint them or by a majority vote of the shareholders.
C) Prior to incorporation, directors may only be named through the incorporators appointing them.
D) Prior to incorporation, directors may only be named by the corporate articles naming them.
E) Prior to incorporation, directors may only be named by the president appointing them.
Correct Answer:
Verified
Q6: Which of the following was the result
Q6: The French Penal Code adopts what is
Q7: Each director has one vote.
Q7: Which of the following was the result
Q8: A shareholder can file a direct suit
Q13: In most states, a corporation's bylaws can
Q17: Directors and officers have a fiduciary duty
Q18: A stock subscription agreement signed before incorporation
Q22: Shareholders are directly responsible for the daily
Q34: How is the number of corporate directors
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents