______________ is the utmost duty of the board is to meet with all the requirements of law.a.Complete and shareb.Comply and Explainc.Complete and shared.Share and explain

All board members have to universally comply with the _____________.a.government lawsb.shareholders interestc.relevant guidelinesd.company laws

Seven essential elements must be present before a ____________ is binding: the offer, acceptance, mutual assent, consideration, capacity, and legalitya.budgetb.termsc.agreementd.contract

Boards need to ensure __on the performance of the company. A. Fair reports B. Complete reports C. Sharing D. Completion

The Board needs to be appointed ___________ and inducted under a formal laid out process.a.rightlyb.carefullyc.inclusivelyd.impartially

Outline the essentials of a legally binding contract with the aid of clear examples.