I really need help!

4) Who do the Board of Directors of a corporation work for (who elects them), also what is the role of the Board of Directors (what do they do)? 5) What are some of the benefits of a Limited Liability Company (LLC)? 6) George was just hired as the president of Thorobred Technologies Inc., this has been a family run business and George is the first "outsider" to run the company, George has of now has no stock in the company, What problems could arise from the situation and how could Thorobred Technologies Inc. resolve these issues? 7) What is the difference between commercial banks and investment banks (who are the customers of each)