The Board of Directors Usually Includes Some Individuals Who Are

question 89

Multiple Choice

The board of directors usually includes some individuals who are not employed by the corporation.These people are referred to as _____.

• A)priority directors
• B)outside directors
• C)stockholders
• D)members of top management

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Definitions:

Investigations

The systematic examination or inquiry into something to uncover facts, gather evidence, or determine the truth.

Sole Proprietorship

A business owned and operated by one person, where there is no legal distinction between the owner and the business entity.

Obligations

Duties or responsibilities enforced by law, contract, or moral principles.

Belong

refers to being part of, fitting in, or being rightly placed in a specific context or environment.