Various Laws and Contracts Govern the Rights and Obligations of a Shareholder

question 23

Multiple Choice

Various laws and contracts govern the rights and obligations of a shareholder. Which of the following is/are not true?

• A)The corporation laws of the jurisdiction in which incorporation takes place govern the rights and obligations of a shareholder.
• B)The articles of incorporation or the corporate charter sets out the agreement between the firm and the jurisdiction in which the business incorporates.
• C)The board of directors adopts bylaws, which are the rules and regulations governing the internal affairs of the corporation.
• D)The U.S.Government grants to the firm the privileges of operating as a corporation for certain stated purposes and of obtaining its capital through the issue of shares of stock.
• E)none of the above

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Definitions:

Freud's Personality

Sigmund Freud's theory of personality, which includes the id, ego, and superego as the three primary components.

Cognitive-Social Learning Theories

Frameworks suggesting that people learn behaviors through observing others, imitating them, and seeing the consequences of these actions.

Personality

Personality encompasses the characteristic patterns of thoughts, feelings, and behaviors that make a person unique, and which persist over time and across situations.

Environmental Interaction

The process by which organisms engage with the surrounding physical and biological environment, affecting and being affected by it.