Come up with a question and reasoning that would justify this answer: a board of directors
The question is: Registered corporations have legal personality and are owned by shareholders whose liability is generally limited to their investment. Shareholders do not typically actively manage a corporation; shareholders instead elect or appoint a board of directors to control the corporation in a fiduciary capacity. In most circumstances, a shareholder may also serve as a director or officer of a corporation.

Answer this question based on the passage: who has the most control over a corporation?
Step-by-step reasoning process: To answer the above question, the relevant sentence is: Shareholders do not typically actively manage a corporation; shareholders instead elect or appoint a board of directors to control the corporation in a fiduciary capacity.

Come up with a question and reasoning that would justify this answer: a board of directors
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The question is: Registered corporations have legal personality and are owned by shareholders whose liability is generally limited to their investment. Shareholders do not typically actively manage a corporation; shareholders instead elect or appoint a board of directors to control the corporation in a fiduciary capacity. In most circumstances, a shareholder may also serve as a director or officer of a corporation.

Answer this question based on the passage: who has the most control over a corporation?
Step-by-step reasoning process: To answer the above question, the relevant sentence is: Shareholders do not typically actively manage a corporation; shareholders instead elect or appoint a board of directors to control the corporation in a fiduciary capacity.

assistant
Come up with a question and reasoning that would justify this answer: a board of directors
The question is: Registered corporations have legal personality and are owned by shareholders whose liability is generally limited to their investment. Shareholders do not typically actively manage a corporation; shareholders instead elect or appoint a board of directors to control the corporation in a fiduciary capacity. In most circumstances, a shareholder may also serve as a director or officer of a corporation.

Answer this question based on the passage: who has the most control over a corporation?
Step-by-step reasoning process: To answer the above question, the relevant sentence is: Shareholders do not typically actively manage a corporation; shareholders instead elect or appoint a board of directors to control the corporation in a fiduciary capacity.
