________ elect the ________,who take whatever actions are appropriate and in the best interests of the corporation.A) Shareholders;officersB) Officers;board of directorsC) Stakeholders;board of directorsD) Shareholders;board of directors

Question

Byran Hawkins · Accepted Answer

Final Answer : D, Explanation :  Shareholders are the owners of the company and elect the board of directors, who in turn appoint and oversee the actions of the officers. The board of directors has a fiduciary duty to act in the best interests of the corporation and its shareholders. Therefore, shareholders elect the board of directors, who take appropriate actions for the betterment of the company.

elect the ,who take whatever actions are appropriate and in the best interests of the corporation.

A) Shareholders;officers
B) Officers;board of directors
C) Stakeholders;board of directors
D) Shareholders;board of directors

Definitions

Learning Objectives

Learning Objectives

Related questions