Question: 7 Multiple Chaice, 5 points Modern Designs Inc. has 2 5 shareholders. The company is subject to the Model Act. What officers is ModernDesigns Inc,
Multiple Chaice, points
Modern Designs Inc. has shareholders. The company is subject to the Model Act. What officers is ModernDesigns Inc, required to have?
A president, at least one vicepresident, a secretary and a chief financial officer
A president and a secretary who can be the same person
A president, secretary and treasurer
Whatever officers are described in the corporate bylaws
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
