Like the bylaws of other corporation's, the bylaws of Rocks, Paper & Scissors, Inc., a. establish the value and classes of corporate stock. b. were submitted for approval to the public official in charge. c. were adopted at its first organizational meeting.

Question

Jaxon Harrison

Business

26 May, 19:32

Like the bylaws of other corporation's, the bylaws of Rocks, Paper & Scissors, Inc., a. establish the value and classes of corporate stock. b. were submitted for approval to the public official in charge. c. were adopted at its first organizational meeting.

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Answers (1)

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Arielle Clayton · Answer 1

The answer is: C) were adopted at its first organizational meeting.

Explanation:

Corporation bylaws are generally approved and adopted when the organization is being created, and they refer to the basic rules about how the corporation will work and how it will be organized.

Corporate bylaws are the basic guidelines that describe what are the responsibilities of top management, the board of directors and stockholders.