on list

tion $10$

tion $11$

stion $12$

Regarding the separation of corporate ownership and management, which of the following is a true statement?

A$.$ The corporate officers elect the board of directors.

B$.$ Stockholders are required to manage the business.

C$.$ Stockholders own the business, but a board of directors appoints corporate officers to manage the business.

D$.$ The corporation runs better with day $-$ to $-$ day input from stockholders.