In a Corporation,the Ultimate Decisions Regarding Business Matters Are Made

question 9

Multiple Choice

In a corporation,the ultimate decisions regarding business matters are made by:

• A)the Board of Directors.
• B)debt holders.
• C)shareholders.
• D)investors.

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Definitions:

Exchange Of E-Mail

The act of sending and receiving messages through electronic mail systems.

Partnership Agreement

A partnership agreement is a contract between two or more parties agreeing to manage and operate a business together, sharing profits, losses, and responsibilities.

Legally Binding

Legally binding refers to agreements or contracts that have legal force, meaning they are enforceable by law and must be complied with by the parties involved.

Statute Of Frauds

A legal requirement that certain contracts must be in writing to be enforceable.