Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Directors may be given compensation through any of the following ways, except by* 1 point The vote of the board of directors if the compensation

Directors may be given compensation through any of the following ways, except by*

1 point

The vote of the board of directors if the compensation is a reasonable per diem.

The vote of the stockholders representing at least a majority of the outstanding capital stock.

A provision in the by-laws.

The vote of the board of directors if the compensation is other than per diems.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Exploring Economics

Authors: Robert L Sexton

5th Edition

978-1439040249, 1439040249

Students also viewed these Law questions

Question

What are some things to look out for when reading the Code?

Answered: 1 week ago