Multiple Choice
The group elected by the stockholders to set policy for a corporation and to appoint its officers is the:
A) incorporators.
B) directors.
C) board of directors.
D) audit committee.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q50: Mary, a shareholder in the Doggy Boutique,
Q51: A proportional distribution by a corporation of
Q52: The difference between the issue price of
Q53: Stockholders have unlimited liability, since there is
Q54: Paid-in capital, as shown on a corporate
Q56: Proceeds from the issuance of stock appear
Q57: One reason a company will purchase treasury
Q58: A corporation purchased 10,000 shares of its
Q59: The right to maintain one's proportionate ownership
Q60: Treasury stock decreases total stockholders' equity.