Owners of common shares are not legally entitled to: Select one:...
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Accounting
Owners of common shares are not legally entitled to: Select one: a. Vote by proxy. b. Receive notice of shareholders' meetings. c. Receive dividends on an annual basis. d. Review some of the corporation's documents, at the records address. Directors must perform all the following duties, except for one. Identify the EXCEPTION: Select one: a. Act as a reasonable director would in discharging responsibilities. b. Take personal advantage of opportunities that arise because of their positions as directors since an increase in their personal wealth enables them to more clearly focus on their director role. c. Avoid conflicts of interest. d. Act in the corporation's best interests. Which of the following statements is FALSE? Select one: a. Directors generally owe a duty to the corporation to not be negligent. b. Directors can be held personally liable for unpaid taxes of the corporation. c. Directors can be held personally liable for unpaid wages. d. A director of a corporation owes a fiduciary duty to the shareholders of a corporation
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