No state permits a corporate board to have fewer than three directors.
Correct Answer:
Verified
Q8: Directors are rarely compensated and cannot set
Q9: A director is elected by a majority
Q10: Shareholders do not have legal title to
Q11: A director may not sit on the
Q12: Corporate officers govern every corporation.
Q14: Directors are responsible for all major corporate
Q15: A person must be a shareholder of
Q16: A board of directors generally conducts business
Q17: A board of directors can delegate some
Q18: Shareholders own a corporation and the right
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