If a New Venture Is a Corporation, a Board of Directors

question 17

True/False

If a new venture is a corporation, a board of directors is required and is elected by the shareholders.

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Definitions:

Proximal

Closer to the point of attachment or origin; typically used in reference to parts of the body.

Distal

Anatomical term meaning farther away from a point of attachment or farther away from the trunk of the body.

Diffusion

The movement of a substance from an area of high concentration to an area of low concentration.

Drainage

The removal of water or liquid from a place or object, often using pipes or channels.