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Subject / Started by	Replies / Views	Last post
Directors ordinarily serve until someone who wants the position calls for an election. Indicate ... Started by 123654777	1 Replies 89 Views	Jun 24, 2018 by af
Directors are elected every-other year at the meeting of shareholders. Indicate whether the ... Started by big1devin	1 Replies 82 Views	Jun 24, 2018 by aloop
Under the RMBCA, if a quorum exists, a shareholder action such as the election of directors is ... Started by acc299	1 Replies 81 Views	Jun 24, 2018 by parshano
Cumulative voting is permitted so the majority of shareholders can keep control of the board of ... Started by dejastew	3 Replies 128 Views	Jun 24, 2018 by leahchrapun
Only the board of directors may approve fundamental changes in the corporation. Indicate whether ... Started by humphriesbr@me.com	1 Replies 71 Views	Jun 24, 2018 by scikid
A shareholder may not vote without being at the shareholder meeting. Indicate whether the ... Started by Kikoku	1 Replies 107 Views	Jun 24, 2018 by shewald78
A proxy is effective until the shareholder revokes it. Indicate whether the statement is true or ... Started by lidoalex	1 Replies 84 Views	Jun 24, 2018 by chloejackso
A proxy is revocable to the same extent as an agency. Indicate whether the statement is true or ... Started by jwb375	1 Replies 75 Views	Jun 24, 2018 by coreycathey
Voting trusts generally are effective for only one year. Indicate whether the statement is true or ... Started by lunatika	1 Replies 97 Views	Jun 24, 2018 by macagnavarro
The officers determine the capital structure and financial policy of the corporation. Indicate ... Started by naturalchemist	1 Replies 145 Views	Jun 24, 2018 by elizabethrperez
The members of the board of directors are essentially trustees of the corporation. Indicate ... Started by Redwolflake15	1 Replies 149 Views	Jun 24, 2018 by Eazy416
Closely held corporations sometimes impose supermajority or unanimous quorum requirements even ... Started by pane00	3 Replies 138 Views	Jun 24, 2018 by prumorgan
The board of directors generally manages the day-to-day affairs of the company. Indicate whether ... Started by darbym82	1 Replies 128 Views	Jun 24, 2018 by tuate
Members of the board of directors may not determine their own compensation. Indicate whether the ... Started by SGallaher96	1 Replies 112 Views	Jun 24, 2018 by nanny
The shareholders elect the key corporate officers. Indicate whether the statement is true or ... Started by cmoore54	1 Replies 122 Views	Jun 24, 2018 by Christopher
In closely held corporations, stock transfer restrictions are used to achieve the corporate ... Started by tiara099	1 Replies 115 Views	Jun 24, 2018 by ky860224
Currently, Julia Lee is vice president of Lessing Corporation. Under the Revised Act, Julia will not ... Started by londonang	1 Replies 150 Views	Jun 24, 2018 by aloop
Under the Statutory Close Corporation Supplement to the MBCA, a close corporation may operate ... Started by ec501234	1 Replies 139 Views	Jun 24, 2018 by cuttiesgirl16
Directors may vote by proxy when they are not able to be present for a meeting. Indicate whether ... Started by pepyto	1 Replies 197 Views	Jun 24, 2018 by bfulkerson77
Gumer Corporation requires a quorum of five directors. Under the RMBCA if Marlene, a director, shows ... Started by tnt_battle	3 Replies 110 Views	Jun 24, 2018 by srodz
Under the statutes in most states, if Heather and Gabriel form a corporation with Heather as ... Started by serike	1 Replies 130 Views	Jun 24, 2018 by okolip
The board of directors appoints the officers of the corporation, who are agents of the corporation. ... Started by plus1	1 Replies 309 Views	Jun 24, 2018 by ebe
The Sarbanes-Oxley Act was passed in 2002 to seek to prevent corporate scandals by increasing ... Started by SAVANNAHHOOPER23	1 Replies 119 Views	Jun 24, 2018 by popopong
Under the Sarbanes-Oxley Act, the audit committee of every publicly held corporation has direct ... Started by maegan_martin	1 Replies 88 Views	Jun 24, 2018 by juliaf
Zachary has been on the board of his brother's company for three years but has never attended a ... Started by shenderson6	1 Replies 165 Views	Jun 24, 2018 by ergserg

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