The ______________ own the corporation, but the _________________, who are elected by the stockholders appoint officers to manage the business.
A) stockholders, officers
B) stockholders, board of directors
C) officers, board of directors
D) board of directors, officers
Correct Answer:
Verified
Q33: Double taxation means that the:
A)corporation pays tax
Q34: A corporation is formed when the incorporators
Q35: The constitution for governing a corporation is
Q36: The group elected by the stockholders to
Q37: The right to maintain one's proportionate ownership
Q39: Which of the following is NOT a
Q40: A corporation:
A)cannot own property.
B)is managed by the
Q41: If a corporation issues only one class
Q42: A corporation will often utilize the services
Q43: The price that the stockholder pays to
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