Which Statement Accurately Describes How Directors Are Chosen During Incorporation

question 78

Multiple Choice

Which statement accurately describes how directors are chosen during incorporation?

• A) Prior to incorporation, either the incorporators appoint them or the corporate articles name them.
• B) Prior to incorporation, either the incorporators appoint them or by a majority vote of the shareholders.
• C) Prior to incorporation, directors may only be named through the incorporators appointing them.
• D) Prior to incorporation, directors may only be named by the corporate articles naming them.
• E) Prior to incorporation, directors may only be named by the president appointing them.

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Definitions:

Happiness Set Point

A theory that suggests an individual's level of baseline happiness is largely determined by genetics and is relatively stable over time.

Level Of Happiness

Level of happiness refers to the degree or measure of an individual’s overall satisfaction with life and their general emotional state at a given time.

Predictable Levels

The degree to which future states or conditions can be forecasted with some reliability based on current knowledge or patterns.

Heritable Levels

Heritable Levels refer to the extent to which genetic factors contribute to individual differences in physical or behavioral traits within a population.