The Board of Directors of a Corporation Usually Is Elected

question 119

Multiple Choice

The board of directors of a corporation usually is elected by

• A) bondholders.
• B) preferred stockholders.
• C) the corporation's board of directors.
• D) convertible preferred stockholders.
• E) ordinary shareholders.

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Definitions:

Cohabit

The state of living together and sharing a domestic life without being married.

Traditional Views

Established opinions or beliefs that have been long held by societies or cultures about various subjects.

Highly Religious

Describes a person who places a great deal of importance on religious beliefs and practices in their daily life and decision making.

Homogamy

The practice of individuals marrying others who are similar to themselves, especially in terms of cultural background, education, beliefs, and social status.