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    Business Law Study Set 7
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    Exam 36: Corporate Formation and Financing
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    Owners of a Corporation Who Elect the Board of Directors
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Owners of a Corporation Who Elect the Board of Directors

Question 11

Question 11

Multiple Choice

Owners of a corporation who elect the board of directors and vote on fundamental changes in the corporation are known as ________.


A) spectators
B) shareholders
C) electors
D) associates

Correct Answer:

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