1. A corporate agent isA. someone sent to spy on the competition.B. an employee

1. A corporate agent isA. someone sent to spy on the competition.B. an employee or subcontractor who deals with third parties such as the public on behalf of the corporation.C. any fiduciary.D. a shareholder who doesnt work for the corporation.2. Which of the following is true of corporations?A. The directors must approve the hiring and firing of all employees.B. The shareholders hire the officers.C. The shareholders elect the directors.D. The officers appoint the directors.3. Martha and Lewis form a business. They are governed by articles bylaws boards of directors and corporate officers. However they do not have shareholders. Their organization is a(n)A. limited partnership.B. nonprofit corporation.C. for-profit corporation.D. LLC.4. Shareholders canA. hire employees.B. hire and fire officers of the corporation.C. be board members or corporate officers.D. never vote on major company issues.