Which of the following best describes bylaws?
A) They are rules enacted by directors to govern a corporation's conduct
B) They are rules of conduct given to the board of directors during incorporation.
C) They are rules and regulations for individual stockholders.
D) They are rules enacted by officers to govern their conduct.
A
You might also like to view...
Control Objectives for Information and related Technology's (CobIT) guidance is guided by a structure that corresponds to the SDLC, namely: Plan and Organize, Acquire and Implement, Deliver and Support and Monitor and Evaluate.
Answer the following statement true (T) or false (F)
Car Bar allows its customer to rent a car at $10 per day on weekdays, at $15 per day on weekends, and at $20 per day exclusively during the holiday season. This pricing strategy helps the company match the supply and demand for its cars
This is an example of _____. a. operations-oriented pricing b. revenue-oriented pricing c. patronage-oriented pricing d. quality-oriented pricing
What are the seven characteristics of organizational culture that comprise the pattern of shared assumptions and behaviors that define a company?
The cost of an asset is $1,110,000, and its residual value is $300,000. Estimated useful life of the asset is five years. Calculate depreciation for the second year using the double-declining-balance method of depreciation
A) $222,000 B) $162,000 C) $324,000 D) $266,400