The board of advisors:
A) is subject to regulations stipulated in the Sarbanes-Oxley Act.
B) has no legal status.
C) is not advisable in a family-owned business.
D) is likely to meet more frequently.
Answer: B
The board of advisors:
A) is subject to regulations stipulated in the Sarbanes-Oxley Act.
B) has no legal status.
C) is not advisable in a family-owned business.
D) is likely to meet more frequently.