This topic contains a solution. Click here to go to the answer

Author Question: The RMBCA provides that, absent a conflicting provision in the articles of incorporation, directors ... (Read 102 times)

colton

  • Hero Member
  • *****
  • Posts: 627
The RMBCA provides that, absent a conflicting provision in the articles of incorporation, directors may be removed: ______.
 A) with or without cause by a majority vote of the shareholders.
 B) with cause by a majority vote of the shareholders, and without cause by a unanimous vote.
 C) with or without cause by a unanimous vote of the shareholders.
 D) only with cause.

Question 2

A stockholder-approved amendment to the certificate of incorporation may indemnify directors who: ______.
 A) acted in bad faith.
 B) acted negligently.
 C) breached their duty of loyalty.
 D) gained an improper personal benefit.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

parker125

  • Sr. Member
  • ****
  • Posts: 332
Answer to Question 1

A

Answer to Question 2

B




colton

  • Member
  • Posts: 627
Reply 2 on: Jun 24, 2018
YES! Correct, THANKS for helping me on my review


Animal_Goddess

  • Member
  • Posts: 339
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

Did you know?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

Did you know?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

Did you know?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

Did you know?

When blood is exposed to air, it clots. Heparin allows the blood to come in direct contact with air without clotting.

For a complete list of videos, visit our video library