Which of the Following Statements About Corporations Is True

Multiple Choice

Which of the following statements about corporations is true?

A) The corporate officers appoint directors to run the corporation's day-to-day operations.
B) The death, insanity, or bankruptcy of a director or an officer of a corporation dissolves the corporation.
C) Corporations can be put in prison for violations of the law.
D) Corporations usually have a centralized management composed of the board of directors and officers of the corporation.