JURI 615 – Corporate Compliance Survey QUIZ 1 Score for this quiz: 100 out of 100 Liberty University

JURI 615 – Corporate Compliance Survey QUIZ 1 Score for this quiz:
100 out of 100 Liberty University


Score for this quiz: 100 out of 100

Question 1
pts

Who ultimately owns a

corporation? The executives


The board of


directors The


board of advisors


Shareholders


Question 2
pts
Shareholders typically make day-to-day

decisions True


False


Question 3
pts
Which of these is not a requirement to be eligible to submit a shareholder proposal
under current SEC rules?

Own a minimum of 5% of the company


Be a shareholder


Own at least $2,000 worth of shares


Own shares for at least one year prior from the date of submission



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, Question 4
pts
Which of these is required under the Dodd-Frank Act?

Shareholder approval on all compensation decisions


Shareholder advising on all compensation decisions


At least triennially, a shareholder proxy, consent, or authorization on compensation of
executives


Vote on payroll decisions in excess of $500,000


Question 5
pts

Based on empirical studies, a larger board is necessarily more

effective True


False


Question 6
pts
A board of directors in which members serve for multiple years, and only a portion
changes each year, is known as a:

Parliamentary


board Staggered


board Staged


board Segmented


board




This study source was downloaded by 100000897439502 from CourseHero.com on 03-23-2025 15:09:02 GMT -05:00


https://www.coursehero.com/file/247938650/JURI615-Quiz-1docx/