Which of the Following About a Corporation Is Incorrect

Multiple Choice

Which of the following about a corporation is incorrect?

A) The executive management group of a corporation is responsible to its board of directors.
B) Under corporation law the board of directors of a corporation must report to its shareholders.
C) The directors of a corporation have a legal responsibility to make sure the corporation acts in the shareholders' best interests.
D) The shareholders of a publicly listed small corporation have the right to participate in the day-to-day management of the business.