Calvin Tucker Is in the Process of Launching an Educational

question 6

Multiple Choice

Calvin Tucker is in the process of launching an educational services firm. He plans to incorporate the firm. Because the firm will be incorporated, Calvin is legally required to have a ________.

• A) board of investors
• B) board of advisors
• C) customer advisory board
• D) board of directors
• E) panel of advisors and peers

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Definitions:

Thriving

Flourishing or doing well; achieving success and growth in personal, professional, or academic areas.

Mentors

Experienced and trusted advisers who provide guidance, advice, and support to less experienced individuals.

Appropriate Risks

Risks that are deemed acceptable after an assessment, considering potential benefits and harm.

Important People

Refers to individuals who have a significant impact or influence in one's life or within a particular context or society.