Who has the primary function of setting corporate policies

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Problem 1: Which of the following items is not an advantage of the corporate form of ownership?

A. Professional management

B. Ease of accumulating capital

C. Limited life

D. Limited liability

E. Ease of transfer of ownership

Problem 2: Who has the primary function of setting corporate policies?

A. Stockholders

B. Board of directors

C. Operations officers

D. Chief Executive Officer (CEO)

E. State government

Reference no: EM132756510

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