Which of the following is generally true regarding the management of a corporation?

A) Shareholders do not 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) Shareholders do not participate in corporate management,shareholders elect a board of directors,and the board of directors selects officers to manage the day-to-day business of the corporation.
E) Shareholders participate in corporate management,elect a board of directors,and select officers to manage the day-to-day business of the corporation.

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estrella maldonado · Accepted Answer

Final Answer : D, Explanation :  Unless the articles of incorporation specify otherwise,shareholders do not participate in corporate management.Instead,shareholders elect a board of directors; the board,in turn,selects officers to manage the day-to-day business of the corporation.

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