Which of the Following Is True of the Board of Directors

question 68

Multiple Choice

Which of the following is true of the board of directors of a corporation?

• A) The directors of the board can act individually on the corporation's behalf.
• B) Each director has the power of two votes.
• C) Directors cannot vote by proxy.
• D) Meetings of the board of directors cannot be held without shareholder representation.

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Definitions:

Automatic System

Cognitive processing that occurs subconsciously and without intentional control, often as a result of learned patterns or instincts.

Deliberate System

A cognitive processing system that is slow, analytical, and uses logical reasoning.

Social Group

A collection of individuals who interact with each other, share similar characteristics, and collectively have a sense of unity or identity.

Culture

The amassed beliefs, behaviors, knowledge, norms, language, values, and material objects that are passed down from generation to generation within a human group.