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Author Question: How does the business judgment rule apply to HOA boards? A) It provides liability protection if the ... (Read 264 times)

pragya sharda

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on: Jun 24, 2018
How does the business judgment rule apply to HOA boards?
 A) It provides liability protection if the board follows its processes
 B) The board members are exempt from liability
 C) The board must always have external advisers to protect itself from liability
 D) The business judgment rule does not apply to HOA board

Question 2

A preincorporation subscription to stock is generally treated as an agreement to buy the stock when the corporation is formed.
  Indicate whether the statement is true or false


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Tabitha_2016

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Reply #1 on: Jun 24, 2018
Answer to Question 1

A

Answer to Question 2

TRUE


pragya sharda

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Reply 2 on: Jun 24, 2018
Thanks for the timely response, appreciate it

robbielu01

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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