Regarding management of a corporation, which of the following is false?

A) Shareholders generally participate in corporate management.
B) Shareholders elect a board of directors.
C) The board of directors selects officers to manage the day-to-day business of the corporation.
D) If shareholders die, corporations do not dissolve.
E) In most states, corporations can exist indefinitely.

Question

Betty Sheeroh · Accepted Answer

Final Answer : A, Explanation :  Shareholders typically do not participate directly in the management of a corporation. Instead, they elect a board of directors to make major decisions and oversee the management. The day-to-day operations are handled by officers and managers appointed by the board, not by the shareholders themselves.

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