QuestionMay 3, 2025

In most states, an individual can hold only one corporate office. True False

In most states, an individual can hold only one corporate office. True False
In most states, an individual can hold only one corporate office.
True
False

Solution
4.3(282 votes)

Answer

False Explanation Many states allow individuals to hold multiple corporate offices within the same corporation or across different corporations, as long as there are no specific restrictions in the company's bylaws or state laws.

Explanation

Many states allow individuals to hold multiple corporate offices within the same corporation or across different corporations, as long as there are no specific restrictions in the company's bylaws or state laws.
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