If the Board Delegates to a Committee Its Duty to Select

question 39

Multiple Choice

If the board delegates to a committee its duty to select a new company president:

• A) the members of that committee may be responsible individuals other than board members.
• B) the committee must be approved by the shareholders.
• C) the non-committee directors are relieved of liability for acts of the committee.
• D) the committee may exercise all the authority of the board.
• E) the committee must consist of board members and may be authorized unless otherwise provided by the articles of incorporation or bylaws.

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Definitions:

Dendrites

Branchlike extensions of neurons that receive signals from other neurons.

Neurotransmitter

Chemical substances in the brain that transmit signals from one neuron to another, playing key roles in brain function and behavior.

Depression

A mood disorder characterized by persistent feelings of sadness, hopelessness, and a lack of interest or pleasure in activities.

Acetylcholine

A neurotransmitter in the central and peripheral nervous systems that plays a key role in muscle activation and memory.