Regarding Management of a Corporation, Which of the Following Is

question 46

Multiple Choice

Regarding management of a corporation, which of the following is false?

• A) Shareholders generally participate in corporate management.
• B) Shareholders elect a board of directors.
• C) The board of directors selects officers to manage the day-to-day business of the corporation.
• D) If shareholders die, corporations do not dissolve.
• E) In most states, corporations can exist indefinitely.