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    Managers and the Legal Environment
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    Exam 19: Forms Of Business Organizations
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    When Directors on a Board Serve for a Fixed Term
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When Directors on a Board Serve for a Fixed Term

Question 1

Question 1

Multiple Choice

When directors on a board serve for a fixed term but are not elected all at once it is known as a(n) __________ board.


A) cumulative
B) staggered
C) proxy
D) inside

Correct Answer:

verifed

Verified

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