Which of the Following Statements Is CORRECTσ

question 39

Multiple Choice

Which of the following statements is CORRECTσ

• A) the corporate bylaws are a standard set of rules established by the state of incorporation. these rules are identical for all corporations in the state, and their purpose is to ensure that the firm's managers run the firm in accordance with state laws.
• B) the corporate charter is a standard document prescribed by the state of incorporation, and its purpose is to ensure that the firm's managers run the firm in accordance with state laws. procedures for electing corporate directors are contained in bylaws, while the declaration of the activities that the firm will pursue and the number of directors are included in the corporate charter.
• C) companies must establish a home office, or domicile, in a particular state, and that state must be the one in which most of their business (sales, manufacturing, and so forth) is conducted.
• D) attorney fees are generally involved when a company develops its charter and bylaws, but since these documents are voluntary, a new corporation can avoid these costs by deciding not to have either a charter or bylaws.
• E) the corporate charter is concerned with things like what business the company will engage in, whereas the bylaws are concerned with things like procedures for electing the board of directors.

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Definitions:

Comprehensive Sex Education

An approach to sex education that covers a wide range of topics including anatomy, reproduction, contraception, sexual orientation, and healthy relationships, emphasizing informed and responsible decision-making.

Emotional-Sexual Relationships

Connections between individuals that encompass both emotional bonds and sexual intimacy.

Bisexuals

Individuals who are attracted to both men and women, not necessarily to the same degree, nor at the same time.

Sexual Identity

The complex set of personal qualities, self-perceptions, attitudes, values, and preferences that guide one’s sexual behavior.