A Significant Difference Between a Board of Directors and an Advisory

question 43

Multiple Choice

A significant difference between a board of directors and an advisory board is:

• A)the advisory board has unlimited liability for the actions of the corporation.
• B)the advisory board is made up only of insiders.
• C)the advisory board is required to meet quarterly,not annually.
• D)the advisory board has no legal authority over the owner or the company.

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Definitions:

Ailments

Refers to various types of diseases or health conditions that affect physical or mental well-being.

Fever

A medical condition characterized by an elevated body temperature beyond the normal range, often a sign of infection or illness.

Primed

The state of being mentally prepared or made ready for a specific task or reaction, often unconsciously influenced by prior stimuli.

Demolition Derby

A motorsport event where drivers compete by deliberately ramming their vehicles into one another, with the last operational vehicle declared the winner.