Which of the following is an incorrect statement about directors?
A) Their eligibility requirements may be found in the bylaws.
B) Bylaws may require that directors be shareholders in the corporation.
C) The board of directors has authority to manage the corporation.
D) Courts will interfere with the board's discretion when they disagree with its actions.
D
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Subjective information:
A. attempts to describe something that is unknown. B. describes the environment surrounding the organization. C. describes specific operational aspects of an organization. D. quantifiably describes something that is known.
The ratio of common stockholders' equity to the number of common shares outstanding at year-end is a leverage measure
Indicate whether the statement is true or false
Which path-goal leadership style is most appropriate when subordinates do not want authoritarian leadership, have an internal locus of control, and have high ability?
a. directive b. achievement-oriented c. participative d. supportive
A cross-licensing agreement is ________
A. an agreement to exchange licenses B. an agreement to share patents and other technology C. an agreement between sellers and buyers D. a contract for the licensing of industrial property rights to two or more licensees