A board of directors is elected as a representative of the corporation's shareholders. Thus, option (c) is correct.
What is corporation?
The term corporation refers to authorized they to act as a single entity run and recognized to the law. The corporation as the doing the social responsibility.
The shareholders are the representative of the board of directors as the corporation's. The shareholder's right to vote and the higher risk of the shares in the corporation.
As a result, the board of directors is elected as a representative of the corporation's shareholders. Therefore, option (c) is correct.
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