Question

In: Finance

Which one of the following terms is the name for a set of rules describing how...

Which one of the following terms is the name for a set of rules describing how the corporation regulates its existence (ex. how directors are elected)?

Multiple Choice

  • Articles of incorporation.
  • Corporate breakdown.
  • Legal liability.
  • Bylaws.
  • Agency problem.

Solutions

Expert Solution

Bylaws,

Option D is correct

Bylaws are the set of rules that govern any firm or company


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