The official record of the meetings of the board of directors and shareholders is contained in the:
A) constitution.
B) charter.
C) minutes.
D) bylaws.

Question

Quizplus · Accepted Answer

The official record of the meetings of the board of directors and shareholders is contained in the minutes. The minutes are a written summary of what was discussed and decided during a meeting, and they are usually maintained by the company's secretary or other designated officer. The minutes serve as a legal record of the company's decisions and actions, and they may be required for tax, regulatory, or other purposes. While the constitution, charter, and bylaws may also contain important information about the company's organization and governance, they do not typically include detailed records of meetings.

The Official Record of the Meetings of the Board of Directors