true or false.a. The policy-making body in a corporation is called the board of directors

Q: What does the corporate charter describes?

A: Corporate Charter:   A corporate charter is a legal document that establish the existence of a…

Q: Critically elaborate on the role and the balance of power of the Board of  Directors and the…

A: Board of Directors The main function and duties of Board of Directors which has the right to recruit…

Q: What are bylaws of a corporation?

A: Corporate bylaws: The bylaws of a corporation are a set of rules established by the company's…

Q: Which of the following is not a power held by a corporation's shareholders?   removal of corporate…

A: The organizations to meet their financial requirements, sell their stocks in the market. The…

Q: Corporate officers are Group of answer choices  elected by the shareholders.  appointed by the board…

A: Corporate officers are individuals who are responsible to for day to day operations of the company.…

Q: How do corporations go public and continue to grow

A: Private corporations go public because due to increasing operations they need to fulfill liquidity…

Q: Important of comply or explain model of corporate governance

A: The set of rules, methods, and practices for guiding and controlling market enterprises is referred…

Q: If the corporation is considered as de facto, who can question its existence?   Board of Directors…

A: When corporation is considered as de facto, it means that corporation exist even though it may not…

Q: Stockholders of a corporation directly elect thea. chairperson of the board.b. board of directors.c.…

A: Stockholders of a corporation are the owners of a corporation.

Q: What is the difference between a public and a private corporation? Provide an example of each.

A:

Q: Board of Director

A: Correct Answer :- D Board  of Director.

Q: What are the qualifications of a member of the Board of Directors?

A: Associations of various types from little charities to mega enterprises are administered by a top…

Q: Corporate officers are elected by the firm’s stockholders.;True or False

A: The persons who hold high-ranking positions within a corporation are known as corporate officers.…

Q: In Corporation Law, the application of the principle of “Centralized Management” has brought about…

A: Answers

Q: Describe the basic characteristics of a corporation.

A: Corporation: It can be defined as a legal organization that has a separate entity from its owners…

Q: What is corporate governance? List five corporategovernance provisions that are internal to a…

A: Corporate governance: It is the framework of laws, strategies, and forms that direct and controls a…

Q: Differentiate between closely held and publicly owned corporations.

A: Any business with only a small number of stockholders is a closely held business. Its stocks are…

Q: what are the goals of financial management for a corporation

A: Financial management means planning, organizing, directing, and managing a company's financial…

Q: . It is the governing body in a non-stock Corporation. *   A. Corporators B. Board of Directors…

A: Solution concept company with stock                 Company with stock means the company having the…

Q: State two desired characteristics of the Board of Directors of an effective corporation.

A: Board of directors: Board of directors is a chosen cluster of persons that signify shareholders. The…

Q: Write T or F. Then briefly explain. In a corporation, minority shareholders are compliant to the…

A: solution concept Minority shareholders means the shareholders who have less than 50% stake They…

Q: Explain the Steps in the Creation of a Corporation?

A: Corporation: It refers to a business form which is established as a separate legal entity.…

Q: How does the Model Business Corporation Act affect the way corporations operate?

A: Corporation: A business concern where there is a separate legal entity, and are owned by…

Q: Explain the fundamental principles of corporate governance

A: Solution:- Corporate governance is the system of rules, practices, and processes used to management…

Q: A director must be a shareholder in a corporation. True or False True False

A: Shareholders and directors are two very distinct roles within a limited company. In simple terms,…

Q: Stockholders elect a group of members from among them to manage the affairs of the Corporation, this…

A: The board of directors are the group of individuals whose responsiblity is  manage the affair of the…

Q: Having one person holding the position of the CEO and Chairman in a corporation can bring about…

A: TRUE

Q: Explain what is the corporate charter?

A: A corporate charter is a legal document establishing the existence of a corporation. Once the…

Q: Who are potentially the most effective instrument of good governance of a corporation? a. Government…

A: Corporate governance is the team which formulates, checks and implements rules and regulation of the…

Q: Explain the Purpose of Corporate Governance

A: Corporate governance means that the governance that involves the members of the board, governors,…

Q: How does The Model Business Corporation Act designed to serve?

A: Corporation: A corporation is a form of business entity that is incorporated through the state…

Q: What characteristics of the board of directors usually lead to effective corporate governance?

A: Corporate governance: It is the blend of laws, strategies, or laws that run, direct or oversee…

Q: TRUE OR FALSE.  IF FALSE WHY. Shareholders elect the board of directors which appoints the…

A: Shareholders:- These are those investors who invested in the share capital of the company. In…

Q: Officers of the corporation are A. appointed by the stockholders. B. stockholders of the…

A: A. Generally Corporation officer do not appointed by the stockholder.   B. Corporation officer are…

Q: Define Corporation and some advantages of being a corporation in financial perspective

A: Corporation is a common form of business organization in many countries.

Q: What issue does agency theory examine? Why is it important in a public corporation rather than in a…

A: Agency theory states the fiduciary duty of management towards the shareholders. The duty is to…

Q: Explain the importance of corporate governance to publicly-held company in relation to any interest…

A: Corporate means company and governance means set of rules and regulations. So, corporate governance…

Q: Define what a corporation is, the types that exist and their characteristics.

A: