Which of the Following Is TRUE Regarding the Appointment and Removal

question 13

Multiple Choice

Which of the following is TRUE regarding the appointment and removal of directors of a corporation?

• A) Casual vacancies on the board are normally filled by a special election of the shareholders.
• B) All directors must hold at least some ownership in the corporation.
• C) A director's term of office is usually more than three years.
• D) It takes at least a two- thirds vote to remove a director from the board.
• E) Cumulative voting is an attempt to achieve proportional representation on the board of directors.

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Definitions:

Executive Functions

Cognitive processes including planning, working memory, attention, problem-solving, verbal reasoning, inhibition, mental flexibility, task switching, and initiation and monitoring of actions.

Temporal Lobes

Regions of the cerebral cortex located beneath the temples on each side of the brain, involved in processing auditory information and encoding memory, among other functions.

Frontal Lobes

The part of the brain located at the front of each cerebral hemisphere, responsible for problem solving, decision making, and controlling behavior and emotions.

Low Arousal

A state characterized by reduced physiological and psychological activity and responsiveness.