The board of directors' primary functions include all of the following except:

Name: The board of directors' primary functions include all of the following except:
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The primary functions of a board of directors include hiring corporate officers, setting their salaries, and declaring dividends. Transacting corporate business is generally not a primary function of the board; it is more often handled by the corporate officers and employees under the direction and oversight of the board.

The Board of Directors' Primary Functions Include All of the Following