A director of a corporation has the individual right to:
A) establish the price for the sale of shares of stock.
B) elect and remove shareholders.
C) sell, lease, and mortgage assets of the corporation outside the normal course of its business.
D) inspect the corporate books and records.
Correct Answer:
Verified
Q2: According to the doctrine of substantial performance,
Q3: Scott was a member of the board
Q4: A corporation is liable for all torts
Q5: The duty of care requires directors and
Q6: If an employee commits a tort despite
Q7: Directors and officers are not prohibited from
Q8: Directors and officers may be liable to
Q9: Directors and officers may usurp a corporate
Q10: What is generally required for fundamental changes
Q11: Where corporate activities cause injury or economic
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