The board determines corporate policy in a number of areas, including:
A) selecting and removing officers.
B) determining the corporation's capital structure.
C) initiating fundamental changes.
D) declaring dividends.
E) All of these.

Question

Quizplus · Accepted Answer

The board of directors in a corporation is responsible for making key decisions in various areas, including selecting and removing officers, determining the corporation's capital structure, initiating fundamental changes, and declaring dividends. These responsibilities are part of their role in overseeing the management and strategic direction of the company.

The Board Determines Corporate Policy in a Number of Areas