3 key types of people in a corporation: 1.Stockholders (shareholder) nThe owners of a corporation nShares – Equal parts of the division of ownership of a corporation 2.Directors (BOD) nThe ruling body of the corporation nElected by the stockholders nDevelop plans and policies to guide the corp as well as appoint officers to carry out the plan nGenerally consists of 10-25 directors (top exectives, executives from other corp (college prof), or stockholders with many shares)
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