Five friends decide to form a corporation together.They wish to participate in corporate management.What must they do to participate?

Question

Quizplus · Accepted Answer

A)Unless the articles of incorporation specify otherwise,shareholders do not
participate in corporate management.Instead,they elect a board of directors that,in turn,selects officers to manage the day-to-day business of the corporation.
B)Unless the articles of incorporation specify otherwise,shareholders do not participate in corporate management.Instead,they elect a board of directors that,in turn,selects officers to manage the day-to-day business of the corporation.
C)Unless the articles of incorporation specify otherwise,shareholders do not participate in corporate management.Instead,they elect a board of directors that,in turn,selects officers to manage the day-to-day business of the corporation.
D)Unless the articles of incorporation specify otherwise,shareholders do not participate in corporate management.Instead,they elect a board of directors that,in turn,selects officers to manage the day-to-day business of the corporation.
E)Unless the articles of incorporation specify otherwise,shareholders do not participate in corporate management.Instead,they elect a board of directors that,in turn,selects officers to manage the day-to-day business of the corporation.

Five Friends Decide to Form a Corporation Together