CHOICES ARE CONFUSING

Ana has read about corporations in the Business Law in Canada textbook. Based on the material in the textbook, all of the statements below are true, except one. Choose the FALSE statement. Select one: O a. Directors may be held personally liable for taxes which are left unpaid by the corporation. O b. Certain decisions, such as a fundamental change in the corporation, require shareholder approval. O c. A bankrupt person can serve as a director as long as the director is an adult and of sound mind. O d. The shareholders elect directors at the annual meeting of shareholders