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The Revised Act States That "All Corporate Powers Shall Be

Question 64

Multiple Choice

The Revised Act states that "all corporate powers shall be exercised by or under the authority of,and the business and affairs of the corporation managed under the direction of ":


A) the shareholders of the corporation.
B) the chief executive officer of the corporation.
C) the officers of the corporation.
D) the board of directors of the corporation.

Correct Answer:

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