The Ultimate Responsibility for a Corporation Rests With

question 120

Multiple Choice

The ultimate responsibility for a corporation rests with:

• A) The Chairman of the Board.
• B) The Board of Directors.
• C) The Chief Operations Officer.
• D) The stockholders.
• E) The stakeholders.

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Definitions:

Pericardium

A double-layered membrane surrounding the heart, protecting it and anchoring it to the surrounding walls.

Abdominopelvic Cavity

A body cavity comprising both the abdominal and the pelvic cavities, housing major organs of digestion, reproduction, and excretion.

Anterior Body Cavity

The front part of the body cavity that houses organs in the thoracic and abdominopelvic regions.

Thoracic

Thoracic refers to the chest region of the body, housing major organs such as the heart and lungs within the rib cage.