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An Advisory Board,as Compared to a Board of Directors

Question 115

Multiple Choice

An advisory board,as compared to a board of directors,


A) may be perceived as less of a threat to an owner than a board of directors.
B) is always compensated,unlike persons serving on a board of directors.
C) have increased legal liability,requiring the company to increase their insurance levels.
D) have greater levels of decision making,requiring them to work more cooperatively.

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