The articles of incorporation serve as a primary source of authority for a corporation's business operations.
Correct Answer:
Verified
Q15: In many states, close corporations have more
Q15: The executive officers represent the ultimate authority
Q16: In certain instances of fraud, a court
Q17: Each director present at a board meeting
Q18: A corporation does not have perpetual existence
Q21: For shareholders to act during a shareholders'
Q22: Every shareholder is entitled to examine specified
Q23: When deciding which form of business organization
Q24: Shareholders must approve fundamental changes affecting a
Q25: In some situations, a majority shareholder owes
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