Author Question: OmegaByte Corp has 1,000 shares of stock outstanding that are permitted to vote for directors. If ... (Read 94 times)

rachel9

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OmegaByte Corp has 1,000 shares of stock outstanding that are permitted to vote for directors. If OmegaByte Corp permits cumulative voting, a minority shareholder would need to vote how many shares to elect one of three directors?
 A) 251
  B) 501
  C) 751
  D) 334

Question 2

Refusal of a tender of performance by one party to a bilateral contract will:
 A) be treated as a repudiation, excusing the tendering party from further duty of performance under the contract.
  B) not discharge either party from further duty of performance under the contract.
  C) be considered a condition subsequent.
  D) None of these.



batool

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Answer to Question 1

A

Answer to Question 2

A



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batool

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