Which of the following best describes the coporate minutes of an entity?
A) official record of the meetings of the board of directors and the stockholders
B) unofficial record of the meeting of the board of directors
C) official record of management meeting with investors and creditors of the company
D) unofficial record of the board of directors meetings

Question

Quizplus · Accepted Answer

Corporate minutes are the official record of the meetings of the board of directors and the stockholders. It serves as a legal document that provides a comprehensive and accurate record of the decisions, discussions, and actions taken during the meeting.

Which of the Following Best Describes the Coporate Minutes of an Entity