select the false option below :?

Question

Which of the following is false:
a)Common shareholders are the owners of the firm.
b)In large corporations, managers usually control operations.
c)In large corporations, managers nominate potential board members
d)In large corporations, shareholders do not have the right to nominate members of the board which can be voted upon by all shareholders.
e)There is one false statement in "a thru d" above.

Answer 1

It's supposed to be 'c', but in fact most board members are hand picked by the sitting Chairman. That way they can egregiously keep rasing his compensation.

Answer 2

It is c.