In Many Corporations, There Is "Separation of Ownership from Control

question 127

Multiple Choice

In many corporations, there is "separation of ownership from control." What does this mean?

• A)The shareholders control the corporation, although the board of directors owns the corporation.
• B)The managers of the corporation run the corporation, although the shareholders own the corporation.
• C)The board of directors controls corporate operations, although the managers of the corporation own the corporation.
• D)Top corporate managers only make decisions that have been approved unanimously by shareholders.

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Definitions:

Auricles

Auricles, in anatomy, primarily refer to the external part of the ear; however, they can also denote ear-like extensions or appendages in other organs, such as the atria of the heart.

Serous Membrane

A smooth tissue membrane consisting of two layers of mesothelium, which secrete serous fluid to lubricate and reduce friction between tissue layers.

Aortic Semilunar Valves

Valves located between the aorta and the left ventricle of the heart that prevent blood from flowing back into the heart.

Great Cardiac Veins

The great cardiac veins are large veins on the surface of the heart that drain blood from the heart muscle.