Which of the Following Is True Regarding State Rules of Corporate

question 16

Multiple Choice

Which of the following is true regarding state rules of corporate governance?

• A) Under the U.S. Constitution, a state may only apply its corporate governance rules to corporations incorporated in the state.
• B) California imposes state pro-shareholder rules on quasi-foreign corporations.
• C) There are no state rules of corporate governance because the Securities and Exchange Commission has preempted the field.
• D) By federal law, if a state wishes to impose corporate governance requirements on corporations incorporated in the state, then the same rules must be imposed on corporations operating in the
• State but incorporated in another state.

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Definitions:

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A periodic evaluation of an employee's job performance by the employer to assess contributions and to provide feedback for future improvement.

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