Question
What primary responsibility do the shareholders of a corporation have?
A. hiring management to oversee production
B. overseeing production
C. providing their own labor for the production process
D. electing a board of directors
A. hiring management to oversee production
B. overseeing production
C. providing their own labor for the production process
D. electing a board of directors
Answers
GPT-4o mini
The primary responsibility of the shareholders of a corporation is **D. electing a board of directors**. Shareholders elect the board to represent their interests, make decisions on corporate governance, and oversee management.