Which of the Following Statements Is Correct

question 53

Multiple Choice

Which of the following statements is correct?

• A) The corporate bylaws are the set of rules drawn up by the state to enable managers to run the firm in accordance with state laws.
• B) Procedures for electing corporate directors are contained in bylaws while the declaration of the activities that the firm will pursue and the number of directors are included in the corporate charter.
• C) Procedures which govern changes in the bylaws of the corporation are contained in the corporate charter.
• D) Although most companies design a charter,only the bylaws are legally required to be filed with the secretary of state in order for a corporation to be in official existence.

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Definitions:

Epinephrine

A hormone and neurotransmitter also known as adrenaline, involved in the body's fight-or-flight response.

Vasopressin

A hormone produced by the hypothalamus and stored in the pituitary gland that regulates water balance in the body by reducing urine production; also known as antidiuretic hormone.

Prolactin

A hormone produced by the anterior pituitary gland that stimulates milk production after childbirth.

Positron Emission Tomography

A nuclear medicine functional imaging technique used to observe metabolic processes in the body.