menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Understanding Business Study Set 2
  4. Exam
    Exam 5: How to Form a Business
  5. Question
    The Purpose of Corporate By-Laws Is to Maintain a Legal
Solved

The Purpose of Corporate By-Laws Is to Maintain a Legal

Question 348

Question 348

True/False

The purpose of corporate by-laws is to maintain a legal structure and also to stipulate how the firm will be managed.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q51: Chad recently invented Wave-Aerobics, a next generation

Q164: If the business is designated a sole

Q188: Sierra is interested in becoming a franchise

Q229: Franchisees must follow more rules, regulations, and

Q236: The stockholders in a corporation elect a

Q294: Public utilities are examples of quasi-public corporations.

Q342: The strategy of investors who are attempting

Q347: Any debts or damages incurred by a

Q349: One of the major disadvantages of a

Q351: In the Thinking Green box titled,"Play Ball

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines