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    Defining Roles in a Corporation

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    What is the role of a director of a corporation?
    What is the role of an officer of a corporation?
    What is the role of a shareholder?

    Compare the roles. Are any of these roles similar? If so, how?

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    https://brainmass.com/business/business-law/defining-roles-corporation-491853

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    What is the role of a director of a corporation?

    The Board of Directors has the ultimate legal authority for the management of the corporation. A director owes his or her legal duty to the corporation and the shareholders. A director is usually someone outside the company who assists in the direction of the corporate path. Most companies have a board of directors that have an odd number to avoid problems that could arise in the event of a "tie" in a key vote. Directors appoint corporate officers, oversee contracts, and make ...

    Solution Summary

    The defining roles in a corporation are examined.

    $2.19

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