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

Question

Quizplus · Accepted Answer

The board of directors in a corporation is responsible for making key decisions and setting policies in various areas, including determining the corporation's capital structure, initiating fundamental changes, selecting and removing officers, and declaring dividends.

The Board Determines Corporate Policy in a Number of Areas