A board of directors is the ultimate authority in every corporation.

Name: A board of directors is the ultimate authority in every corporation.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The board of directors is responsible for making important decisions and guiding the overall direction of the corporation. They are the highest governing body with the power to hire and fire top executives, declare dividends, and approve major financial decisions. Therefore, they are considered the ultimate authority in every corporation.

A Board of Directors Is the Ultimate Authority in Every