Practice mode Finance

What are the rules set by a corporation’s founders, such as the procedure for electing directors, called?

Correct answer C. Bylaws

Explanation

Bylaws are the internal rules governing how a corporation is run, including how directors are elected, how meetings are held and how shareholders' rights are exercised.

Report a problem

Answer checked 11 October 2026 How we write and check questions

Tip: press A, B, C or D to answer, and N for the next question.

What are the rules set by a corporation’s founders, such as the procedure for electing directors, called?

Discussion

Have a question about this answer? Cancel reply

What are the rules set by a corporation’s founders, such as the procedure for electing directors, called?

More Finance questions

If net income available to shareholders is $150 and total assets are $2,100, what is the return on total assets?

A firm has a return on assets of 5.5%, total assets of $3,000 and common equity of $1,050. What is its return on equity?

What does a high price-to-earnings ratio usually indicate about a company?

In capital budgeting, what is the discount rate that makes a project’s net present value equal to zero called?

Discussion

Have a question about this answer? Cancel reply