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Question 20 The board of directors of a corporation: OIs elected by the corporate registrar. Is responsible for overseeing corporate activities. O May not

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Question 20 The board of directors of a corporation: OIs elected by the corporate registrar. Is responsible for overseeing corporate activities. O May not also be executive officers of the corporation, due to the separate entity principle. O Are responsible for day-to-day operations of the business. Does not have the power to bind the corporation to contracts, due to lack of mutual agency. 4 pts Ti Att 1

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