If the Board Delegates to a Committee Its Duty to Select

question 79

Multiple Choice

If the board delegates to a committee its duty to select a new company president:

• A) the members of that committee may be responsible individuals other than board members.
• B) the committee must be approved by the shareholders.
• C) the non-committee directors are relieved of liability for acts of the committee.
• D) the committee must consist of board members.