Which of the Following Are Directors Who Are Also Officers

question 64

Multiple Choice

Which of the following are directors who are also officers or employees of the corporation?

• A) Approved directors
• B) Outside directors
• C) Inside directors
• D) Affiliated directors
• E) Unaffiliated directors

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Definitions:

Legislative Branch

The part of government responsible for making laws, consisting of legislatures or parliaments.

Contract Clause

The clause in the U.S. Constitution that prohibits the government from unreasonably interfering with an existing contract.

United States Constitution

The supreme law of the United States, establishing the framework of the national government and defining the rights of citizens.

Existing Contracts

Legal agreements that are currently in force between parties, outlining rights and obligations of those parties.