The Rules and Procedures Established to Govern the Corporation Are

question 34

Multiple Choice

The rules and procedures established to govern the corporation are called the

• A) corporate charter
• B) articles of incorporation
• C) corporate bylaws
• D) confidentiality disclosure agreements
• E) partnership agreements

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Definitions:

Arbitrary Cut-Off

A subjective or chosen without any specific standard or rule, end point or threshold.

Market Rate Of Return

The average rate of return anticipated from an investment based on its risk level, historical market performance, and economic conditions.

Mutually Exclusive Projects

Investment projects where the acceptance of one project prevents the acceptance of another.

Crossover Point

The point at which two or more alternative investments have the same net present value or rate of return.