Introduction to the Corporate Form Self-Quiz

 

 

 

 

 

 

 

 

 

Responsibility for the overall management of the corporation is entrusted to
Choice 1 the board of directors.
Choice 2 the shareholders.
Choice 3 corporate officers and managers.
Choice 4 the owners of the corporation.
Where does the bulk of the law of business organizations generally originate?
Choice 1 in the Federal Courts
Choice 2 from Congress
Choice 3 from the State Governments and State Courts
Choice 4 From City level administrators
In which state is the bulk of major U.S. corporations incorporated?
Choice 1 New York
Choice 2 Maryland
Choice 3 Delaware
Choice 4 California

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