Which of the Following Is True of the Board of Directors

question 83

Multiple Choice

Which of the following is true of the board of directors in a public stock company?

• A) Votes at shareholder meetings determine whose representatives are appointed to the board of directors.
• B) Because shareholders generally have uniform interests, the composition of the board is generally a unanimous decision.
• C) The board of directors acts as a facilitator to convey interests of the stockholders to the management without any real authority.
• D) The functions of the board of directors are limited to ensuring the hiring and firing of CEOs.

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Definitions:

Acquisiiton

In psychology, refers to the process of acquiring new information, behaviors, or abilities through direct experience or instruction.

Generalization

The extension of learned responses to stimuli that are similar but not identical to the conditioned stimulus in a learning process.

Spontaneous Recovery

The reappearance of a previously extinguished response after a period of time without exposure to the conditioned stimulus.

Extinction

In psychology, the process through which a conditioned response decreases in frequency and eventually disappears as a result of the withdrawal of reinforcement.