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Directors
Individuals elected by shareholders to oversee the management of a corporation and make major decisions.
Election
The formal process of selecting a candidate for office or deciding on a policy issue, typically through the casting of ballots.
Duty of Obedience
The obligation of board members and officers of an organization to follow the organization’s governing statutes and goals, acting within the scope of their authority.
Officers
Individuals appointed or elected to manage and direct the affairs of an organization, typically within corporations, armed forces, or governmental bodies.
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