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What is meant by rational basis?
A decision has a logical connection to the facts.
2,000,001 shares
true
Dodd-Frank wall Street Reform and Consumer Protection Act
the corporation
true
true
The MBCA Statutory Close Corporation Supplement grants the shareholders unlimited power to restrict the discretion of the boa
The _____ requires periodic shareholder approval of executive compensation.
A decision has a logical connection to the facts.
2,000,001 shares
true
Dodd-Frank wall Street Reform and Consumer Protection Act
the corporation
true
true
The MBCA Statutory Close Corporation Supplement grants the shareholders unlimited power to restrict the discretion of the boa
A corporation's sale of substantially all of the assets of the business must be approved by its shareholders.
A decision has a logical connection to the facts.
2,000,001 shares
true
Dodd-Frank wall Street Reform and Consumer Protection Act
the corporation
true
true
The MBCA Statutory Close Corporation Supplement grants the shareholders unlimited power to restrict the discretion of the boa
Only those shareholders who sign a shareholder voting agreement are bound by it.
A decision has a logical connection to the facts.
2,000,001 shares
true
Dodd-Frank wall Street Reform and Consumer Protection Act
the corporation
true
true
The MBCA Statutory Close Corporation Supplement grants the shareholders unlimited power to restrict the discretion of the boa
Generally, under the doctrine of respondeat superior, a corporation is liable for an employee's tort that is reasonably connected to the authorized conduct of the employee.
A decision has a logical connection to the facts.
2,000,001 shares
true
Dodd-Frank wall Street Reform and Consumer Protection Act
the corporation
true
true
The MBCA Statutory Close Corporation Supplement grants the shareholders unlimited power to restrict the discretion of the boa
Camm Corp. has 10,000,000 common shares outstanding. Its four directors are elected by cumulative voting. To elect one director, a shareholder must own at least:
A decision has a logical connection to the facts.
2,000,001 shares
true
Dodd-Frank wall Street Reform and Consumer Protection Act
the corporation
true
true
The MBCA Statutory Close Corporation Supplement grants the shareholders unlimited power to restrict the discretion of the boa
If a shareholder is successful in a derivative suit, she is entitled to a reimbursement of her reasonable litigation expenses paid by:
A decision has a logical connection to the facts.
2,000,001 shares
true
Dodd-Frank wall Street Reform and Consumer Protection Act
the corporation
true
true
The MBCA Statutory Close Corporation Supplement grants the shareholders unlimited power to restrict the discretion of the boa
Which of the following is correct concerning the management of close corporations?
A decision has a logical connection to the facts.
2,000,001 shares
true
Dodd-Frank wall Street Reform and Consumer Protection Act
the corporation
true
true
The MBCA Statutory Close Corporation Supplement grants the shareholders unlimited power to restrict the discretion of the boa
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