How Is the Number of Corporate Directors Determined

question 22

Multiple Choice

How is the number of corporate directors determined?

• A)In the discretion of the president of the corporation
• B)By a vote of the stockholders in compliance with state law
• C)According to the corporate articles or bylaws,in compliance with state law
• D)According to the number of shares issued
• E)According to the amount of profit projected by the incorporators for the first fiscal year of the corporation's existence

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Definitions:

Natural Talent

Inborn abilities or aptitudes that an individual possesses, often manifesting as exceptional skills or competencies in specific areas.

Hard Work

A consistent effort or diligence in accomplishing a task or achieving a goal.

Recalled Memory

A memory that has been brought back to mind or consciously remembered.

Sickly Child

A child who experiences frequent health problems or is in poor health over an extended period.