Which of the Following Would Be NOT Be a Responsibility

question 20

Multiple Choice

Which of the following would be NOT be a responsibility of the directors of a corporation?

• A) calling a special shareholders' meeting
• B) the appointment of executive managerial officers
• C) the drafting of corporate bylaws
• D) the declaration of dividends

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Definitions:

Lifetime Guarantee

A promise made by a manufacturer or seller that a product will be repaired or replaced if it fails or malfunctions for the entire life span of the purchaser, under certain conditions.

Anticipation And Preparation

The processes of looking forward to potential events and making ready or preparing for them.

Potential Crises

Refers to situations or events that have the capacity to lead to an emergency or a critical condition, requiring immediate attention to prevent or mitigate disaster.

Unforeseeable

Impossible to predict or anticipate due to lack of information or inherent unpredictability.