The Board of Directors of a Corporation

question 19

Multiple Choice

The Board of Directors of a corporation:

• A)Are not responsible for hiring other professional managers.
• B)Do not decide whether profits will be distributed to stockholders.
• C)Make major policy decisions.
• D)Are members of a government agency.

Recognize the importance of good faith and fair dealing in franchise termination.

Understand the mechanisms for protecting franchisees from unfair practices and terminations.

Learn how sole proprietorships and franchises differ in terms of formation, operation, and termination.

Understand the anatomy and functioning of the human auditory system.