A Person Elected by the Shareholders to Direct Corporate Affairs

question 79

Multiple Choice

A person elected by the shareholders to direct corporate affairs is called a(n)

• A) shareholder.
• B) director.
• C) officer.
• D) employee.

---

Definitions:

Foreign Aid

Financial or material assistance given by one country to another for relief, development projects, or economic stabilization.

Social Security Tax

A tax imposed on employers and employees alike to finance the Social Security program, offering benefits for retirement, disability, and survivors.

Personal Income Tax

A tax that individuals pay on their earnings to the government, usually structured in progressive brackets.

Internet Tax Freedom Act

A U.S. law enacted in 1998 that bars federal, state, and local governments from taxing Internet access and imposing discriminatory internet-only taxes such as bit taxes, bandwidth taxes, and email taxes.