Frank, Martin, and Paul Secure a Charter for Their Business

Multiple Choice

Frank, Martin, and Paul secure a charter for their business. They hold an organizational meeting to establish the corporation's bylaws and elect a board of directors. What is one thing the bylaws might do?

A) determine how many employees their corporation will have
B) set up committees of the board of directors
C) determine the type of customers their corporation will have
D) describe the type of products their corporation will sell
E) describe the types of services their corporation will offer