Stockholders elect the board of directors which appoints the officers of a corporation.

Name: Stockholders elect the board of directors which appoints the officers of a corporation.
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Question

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This statement is true. In general, stockholders have the right to vote on the election of the board of directors at the annual meeting of the corporation. The board of directors is responsible for appointing and overseeing the officers of the corporation, such as the CEO, CFO, and other executives.

Stockholders Elect the Board of Directors Which Appoints the Officers