Ask Question
BusinessBusiness
25 July, 15:48

A corporation's board of directors are - the sole owners of the corporation. - control the day-to-day activities of the corporation. - hire the managers of the corporation. - are personally liable for the debts of the corporation.

+3
Answers (1)
  1. 25 July, 16:09
    0
    - control the day-to-day activities of the corporation.

    Explanation:

    The board of directors are people chosen by the instiution, the owners of the institutions or the members of an institution to govern the institution and be responsible for the actions and directions that the organization takes, they could be owners, workers or externate associates to the institution and they control the day-to-day activities of the corporation.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “A corporation's board of directors are - the sole owners of the corporation. - control the day-to-day activities of the corporation. - hire ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Mason bought a rotisserie in preparation for a party he was planning. When he put a chicken on the rotisserie, it would not rotate, but stayed in one position where it burned the chicken on one side a left it raw on the other.
Answers (1)
On january 1, 2016, knapp corporation acquired machinery at a cost of $1,250,000. knapp adopted the double-declining balance method of depreciation for this machinery and had been recording depreciation over an estimated useful life of ten years,
Answers (1)
When stock is exchanged for noncash assets, A. debit the asset for prior book value and credit Common Stock for cash received. B. debit assets for market value and credit Common Stock for par value; if needed, credit Paid-In Capital in Excess of Par.
Answers (1)
Quiz 4. What percentage of federal revenues is made up of corporate taxes? A about 25 percent B about 5 percent C about 10 percent D about 45 percent
Answers (1)
Schister Systems uses the following data in its Cost-Volume-Profit analyses: Total Sales $355,000 Variable expenses 213,000 Contribution margin 142,000 Fixed expenses 111,000 Net operating income $31,000 Required: 1.
Answers (2)
New Questions in Business
What is the difference between capital gain and capital loss?
Answers (1)
g The Council of Economic Advisors to the President of a country reported gross investment expenditure at $400,000 during a particular year.
Answers (1)
What are the order of in which management can take legal action against a employee
Answers (1)
What best describes an entrepreneur? a. Someone who initiates and assumes the financial risk of a new business enterprise. b. A person who knows how to evaluate which stocks to purchase. c. Someone who can expertly manage other people's investments.
Answers (1)
JRN Enterprises just announced that it plans to cut its dividend from $3.50 to $2.50 per share and use the extra funds to expand its operations.
Answers (1)
Home » Business » A corporation's board of directors are - the sole owners of the corporation. - control the day-to-day activities of the corporation. - hire the managers of the corporation. - are personally liable for the debts of the corporation.
Sign Up Forgot Password?