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:

Sales Call

A professional interaction, typically initiated by a salesperson, with a potential or current customer aimed at selling a product or service.

Responding

The act of providing a reply or reaction to a stimulus or query, especially in the context of communication with customers or within sales interactions.

Objection

In sales, an objection is a concern or question raised by a potential customer that signals hesitance or resistance toward the product or service being offered.

Order

The request made by a customer to purchase goods or services from a business.