The stockholders elect a board of directors and the board determines corporate policies and selects the corporate officers

a. True
b. False
Indicate whether the statement is true or false


True

Business

You might also like to view...

Which of the following is not a characteristic of the legal environment of business?

A) adherence to autocratic doctrine B) critical thinking skills C) an understanding that the law is dynamic D) real-world problems

Business

Compare and contrast substantive law and procedural law

What will be an ideal response?

Business

A personal income statement shows

A) a detailed breakdown of cash income and expenses over a past period of time. B) a comparison of income and expenses at a point in time. C) your contribution to savings for the year by following strict accounting rules for determining net income. D) all revenue, expense, asset, liability, and net worth items.

Business

Learning agility dimensions demonstrate ______.

A. taking on new roles that are challenging B. discussing mistakes with others C. critically evaluating work-related events with others D. all of these

Business