Which of the Following Is Correct

question 53

Multiple Choice

Which of the following is correct?

• A)Shareholders elect the managers of companies who are then overseen by directors.
• B)Managers are elected by shareholders.
• C)Shareholders elect the directors who then oversee the performance of management.
• D)Managers appoint the directors who then pass information to shareholders.

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Definitions:

Boots

Footwear that covers not only the feet but also the ankles and sometimes extends up to the knees or higher, designed for protection, style, or both.

Pairs

Pairs are sets of two items or entities considered together, often because they are related or function together.

Cost Curve

A graphical representation showing how the cost of producing a good varies with the level of output.

Diminishing Returns

Diminishing returns is an economic principle stating that after a certain point, additional units of input result in progressively smaller increases in output.