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Corporations: Directors & Officers Flashcards Quizlet

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    The Board, unless the certificate allows shareholders to elect officers (in which case the shareholders also remove them, but Board can de-authorize the officer's action for cause). Can an officer be removed by judicial action?

BUS 140 Quiz 2 Flashcards Quizlet

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    Preferred stockholders elect the board of directors that manage the day-today business activities of a corporation.

Chapter 39 Corporations- directors, officers and ... - Quizlet

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    Start studying Chapter 39 Corporations- directors, officers and shareholders. Learn vocabulary, terms, and more with flashcards, games, and other study tools.

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