Stockholders of a Corporation Directly Elect The

question 62

Multiple Choice

Stockholders of a corporation directly elect the:

• A)Board of directors.
• B)President of the corporation.
• C)Chief Financial Officer of the corporation.
• D)Chairperson of the Board.

---

Definitions:

Canada

A country in North America known for its vast landscapes, multicultural diversity, and being the second-largest country by total area.

Broadly Held Corporation

A corporation that has a large number of shareholders, with no single shareholder having a controlling interest.

Share Interest

The percentage of ownership an individual or entity holds in a company, measured through the proportion of shares owned.

Indebtedness

The state of owing money or being under financial obligation to another party.