PRC-3 · Chapter 2 · Question 5 of 61
Zeta Ltd is a large corporation where the founders own shares but no longer make day-to-day decisions. Who is legally responsible for overseeing the overall management of Zeta Ltd?
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: B) The Board of Directors
Explanation
In a company structure, there is a separation of ownership and control. The Board of Directors is elected by shareholders to manage the company.
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