Which of the Following Is an Incorrect Statement About Directors

question 49

Multiple Choice

Which of the following is an incorrect statement about directors?

• A) Their eligibility requirements may be found in the bylaws.
• B) Bylaws may require that directors be shareholders in the corporation.
• C) The board of directors has authority to manage the corporation.
• D) Courts will interfere with the board's discretion when they disagree with its actions.

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Definitions:

Strong Craving

An intense desire or urge for a specific substance, activity, or experience, often associated with addiction or habit formation.

Adrenal Glands

Small glands located on top of each kidney; they produce hormones such as adrenaline and cortisol which help manage stress and other bodily functions.

Salty Tastes

One of the basic tastes, characterized by the presence of salt, often leading to enhancement of flavor in foods.

Corpus Callosum

The large band of neural fibers connecting the two hemispheres of the brain, facilitating interhemispheric communication.