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PRC-3 · Chapter 2 · Question 18 of 61

What is the primary role of the Board of Directors in a public limited company?

Test yourself: pick an answer

Reveal answer & explanation

Correct answer: C) To oversee the company's management and protect shareholders' interests

Explanation

The Board of Directors is elected by the shareholders to govern the company, set strategic goals, and ensure the executive management acts in the owners' best interests.

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