Examlex

Solved

Proleisis Corporation Is a Company That Has 250 Stockholders

question 5

Multiple Choice

Proleisis Corporation is a company that has 250 stockholders. Although owned by such a large number of stockholders, the major decisions of the company are taken by the 12-member board of directors. The board has enormous authority over the company, and the company functions according to the decisions of the board. Based on the given information, the company has:


Definitions:

Logical Reply

A response that follows the principles of logic or reasoning.

Underestimated

To be underestimated refers to the misjudgment of someone's capabilities, qualities, or results to be lower or less important than they actually are.

Cognitive Development

The process of growth and change in intellectual capabilities such as thinking, reasoning, and understanding.

Culture

The shared values, traditions, norms, customs, arts, history, folklore, and institutions of a group of people.

Related Questions