Which of the Following Is an Incorrect Statement About Directors

question 49

Multiple Choice

Which of the following is an incorrect statement about directors?

• A) Their eligibility requirements may be found in the bylaws.
• B) Bylaws may require that directors be shareholders in the corporation.
• C) The board of directors has authority to manage the corporation.
• D) Courts will interfere with the board's discretion when they disagree with its actions.

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Definitions:

Organ Systems

Groups of organs that work together to perform complex biological functions within an organism, such as the digestive or respiratory system.

Tissues

Groups of cells with similar structure and function that work together to perform specific activities in the body.

Organs

Structures made up of different tissues that perform specific functions within an organism.

Molecules

The smallest units of a chemical substance that can exist independently while retaining the composition and chemical properties of the substance.