Regarding the Separation of Corporate Ownership and Management, Which of the Following

question 71

Multiple Choice

Regarding the separation of corporate ownership and management, which of the following is a true statement?

• A) The corporate officers elect the board of directors.
• B) The corporation runs better with day-to-day input from stockholders.
• C) Stockholders are required to manage the business.
• D) Stockholders own the business, but a board of directors appoints corporate officers to manage the business.

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