How is the number of corporate directors determined?
A) In the discretion of the president of the corporation
B) By a vote of the stockholders in compliance with state law
C) According to the corporate articles or bylaws,in compliance with state law
D) According to the number of shares issued
E) According to the amount of profit projected by the incorporators for the first fiscal year of the corporation's existence
Correct Answer:
Verified
Q60: Which of the following is a correct
Q61: Although most state statutes allow for longer
Q62: Which of the following is a term
Q63: How are directors chosen during incorporation?
A)Either the
Q64: The Securities and Exchange Commission has established
Q66: While ordinary corporate decisions made by directors
Q67: _ directors are also officers or employees
Q68: _ directors are not officers or employees
Q69: Owners of _ stock enjoy preferences with
Q70: Which of the following are debt securities?
A)Stocks
B)Bonds
C)Certificates
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