Question

Initiating and negotiating the sale and lease of corporate assets outside the regular course of business is a
responsibility of the corporation's
O a. board of directors.
O b. shareholders.
O c. chief executive officer.
O d. high-level managers.

Answer 1

The body that has the role of negotiating to lease or sell corporate assets outside the regular course of business is the a. board of directors.

What does the board of directors do?

The Board of Directors acts as an overisight body over the activities of management to ensure that shareholder interests are protected.

One way they do this is to negotiate for the sale or leasing of assets, when this falls outside the regular course that a business engages in.

Find out more on the Board of Directors at https://brainly.com/question/14522678.

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