Multiple Choice
Which of the following statements about the Board of Directors is NOT true?
A) Board members are elected by stockholders.
B) The Board can be held legally accountable for a company's actions.
C) The Board has the legal authority to hire, fire, and compensate the CEO.
D) All the directors are full-time employees of the company.
E) Outside directors help perform the monitoring function of the Board.
Correct Answer:
Verified
Correct Answer:
Verified
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