A Business That Chooses to Form a Corporation Must Have

question 48

True/False

A business that chooses to form a corporation must have a board of directors.In new small corporations, the board of directors and shareholders must be different individuals.

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Definitions:

Pleasure Principle

A concept in psychoanalytic theory referring to the instinctual seeking of pleasure and avoidance of pain to satisfy biological and psychological needs.

Morality

Principles or standards determining what behaviors are considered right or wrong by a society or individual.

Hormones

Chemical messengers produced by glands in the body that regulate physiological activities and maintain homeostasis.

Neurotransmitters

Substances that carry signals between neurons across synapses within the nervous system.