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Which of the following is NOT true about managing nonprofit corporations? Multiple Choice 0 They are managed under the direction of a board of directors.

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Which of the following is NOT true about managing nonprofit corporations? Multiple Choice 0 They are managed under the direction of a board of directors. They must have at least three directors. 0 The directors generally serve for one year unless stated otherwise in the articles. 0 An individual director may transact business on behalf of the nonprot corporation

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