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The key difference between a family council and a board of directors is that: Multiple Choice the council is comprised of unrelated members while the
The key difference between a family council and a board of directors is that:
Multiple Choice
the council is comprised of unrelated members while the board is comprised of family members.
the board of directors maximizes communication while the council works on unique company problems.
the council is to keep the family involved while the board is focused on running the business. the board can seek legal advice while the council gathers legal advice from the board.
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