Which Statement Best Describes the Relationship Between Directors and Officers

question 65

Multiple Choice

Which statement best describes the relationship between directors and officers in a corporation?

• A) Directors and officers are elected by the shareholders.
• B) Directors are appointed by officers.
• C) Officers are appointed by directors.
• D) Directors but not officers are the directing mind of the corporation.

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Definitions:

Natural Conditions

The state of the environment or circumstances that exist without human intervention or artificial influence.

Causal Relationship

A connection between two events or states where one directly influences or brings about the other.

Worldview

A comprehensive perspective from which one sees and interprets the world and interacts with it.

Assumptions

Statements or ideas accepted as true without proof, serving as the basis for further reasoning or argument.