Who Can Elect Members Of Board Of Directors Of A Company

Question

1. Who among the following elects members of the board of directors for a corporation?

a. The CEO
b. Corporate officers
c. Shareholders
d. Employees

 

2. Which of the following is true regarding FDA regulations for cosmetics?

a. There is no law in the United States against animal testing for cosmetics.
b. All substances and preparations for cosmetic use are chemically proven to be free from carcinogens before sale by the FDA.
c. Ordinary household soap is evaluated in terms of its quality and safety as a cosmetic good under the FDA.
d. New cosmetics are released on the market only if they have the "CRUELTY-FREE" label on their package.

Summary

These multiple choice questions belong to Law. The 1st question discusses about who elect members of board of directors for a company and the 2nd question discusses about a true or false statement regarding FDA cosmetic regulations.

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