If the corporation is considered as de facto, who can question its existence? Board of Directors Stockholders Solicitor General Corporators
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- TRUE OR FALSE. IF FALSE WHY. Shareholders elect the board of directors which appoints the management of a corporation.true or false.a. The policy-making body in a corporation is called the board of directorsWhich of the following is not a power held by a corporation's shareholders? removal of corporate officers approval of changes in the structure of the corporation veto of the sale of substantial corporate assets election of the corporation's board of directors
- What are agency problems, and why do they exist within a corporation? Discuss how agency conflicts affect the goal of maximizing shareholder value.How does the audit of owners’ equity for a closely held corporationdiffer from that for a publicly held corporation? In what respects are there no significantdifferences?What are bylaws of a corporation?
- In the absence of restrictive provisions, what are the basicrights of stockholders of a corporation?Who are potentially the most effective instrument of good governance of a corporation? a. Government b. Board of director c. Creditors d. AuditorsWhat is an owner of a corporation called? What is the difference between a closed corporation and an open corporation?
- Who is liable for a corporation's debts and obligations? OA. the limited partners OB. the general partners OC. the corporation OD. the registered agent OE. the shareholdersShould the qualifications of the board of directors play a role in your decision whether to buy the stock of a particular corporation? Why or why not?How does The Model Business Corporation Act designed to serve?
