1. A corporations board of directors can delegate (assign) some of its duties to

	a.	incorporators.
	b.	no one
	c.	officers.
	d.	shareholders

A corporation has seventeen directors on its Board. Assuming all seventeen directors are present and voting, the minimum number of directors that can usually declare a dividend is

	a.	nine.
	b.	all (unanimous).
	c.	eight.
	d.	five.

The federal government cannot prevent a corporate merger or takeover even if the resulting company would be so large that it would harm competition in the relevant market for the company's products or services.

True

False