Which of the Following Statements Is True of Stockholders of Corporations

question 143

Multiple Choice

Which of the following statements is true of stockholders of corporations?

• A) They actively participate in the management of the company.
• B) They do not have to be individuals.
• C) They do not elect a board of directors.
• D) They appoint the chief executive officer of the company.

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Definitions:

Consequent

The outcome or result in a conditional statement that follows the condition stated in the "if" clause.

Self-Contradiction

A statement that inherently contradicts itself, asserting and denying the same thing, thereby rendering it logically impossible.

Conditional

A statement that establishes a cause-and-effect relationship between two propositions.

Disjunct

Used in logic to refer to an either/or proposition where two options are presented and at least one of them must be true.