True/False
In most states, an individual cannot hold more than one corporate office and be both an officer and a director of the corporation.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q1: Reed owns one share of stock in
Q2: Restrictions on the transfer of shares in
Q3: Misha and Nguyen are shareholders of Outsourcing
Q4: Godwin is a director on the board
Q6: Lewis is a director of Mines &
Q7: Most states do not permit the corporate
Q8: Sophie and Tiny incorporate their beverage-container business
Q9: Shareholders own the corporation, and they have
Q10: Char and Doug are officers of Eden
Q11: In most states, a director cannot be