This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of the following is correct regarding the removal of Mr. X from the board of XYZ? A) The ... (Read 34 times)

jake

  • Hero Member
  • *****
  • Posts: 538
on: Jun 24, 2018
Which of the following is correct regarding the removal of Mr. X from the board of XYZ?
 A) The common law does not permit removal of a director for any reason.
  B) The RMBCA permits the removal of a director without cause.
  C) The articles of incorporation cannot provide for the removal of directors.
  D) Under common law and statutory law, a director can never be removed without cause.

Question 2

Unless one of the parties contractually assumes the risk, the ____ discharges a contract if supervening circumstances make fulfillment of the purpose which both parties had in mind impossible.
 A) bankruptcy law
  B) frustration of purpose doctrine
  C) perfect tender rule
  D) subjective impossibility doctrine


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

macagnavarro

  • Sr. Member
  • ****
  • Posts: 334
Reply #1 on: Jun 24, 2018
Answer to Question 1

B

Answer to Question 2

B


jake

  • Member
  • Posts: 538
Reply 2 on: Jun 24, 2018
Gracias!

dreamfighter72

  • Member
  • Posts: 355
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

Did you know?

Cutaneous mucormycosis is a rare fungal infection that has been fatal in at least 29% of cases, and in as many as 83% of cases, depending on the patient's health prior to infection. It has occurred often after natural disasters such as tornados, and early treatment is essential.

Did you know?

The people with the highest levels of LDL are Mexican American males and non-Hispanic black females.

Did you know?

Acute bronchitis is an inflammation of the breathing tubes (bronchi), which causes increased mucus production and other changes. It is usually caused by bacteria or viruses, can be serious in people who have pulmonary or cardiac diseases, and can lead to pneumonia.

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

Notice Board in Restaurent Notice Board in Restaurent
The correct statement about hormones-insulin and glucagon The correct statement about hormones-insulin and glucagon
This chart illustrates the “drip down” model of government. In this, politics is formed by the soc This chart illustrates the “drip down” model of government. In this, politics is formed by the soc
Growth cones. The cytoplasmic fingers (the filopodia) of growth cones seem to grope for the correct ... Growth cones. The cytoplasmic fingers (the filopodia) of growth cones seem to grope for the correct ...
Correct alignment for stacking the joints to apply thumb pressure to acupoints. Correct alignment for stacking the joints to apply thumb pressure to acupoints.
Combination of arrangement and sequence is correct Combination of arrangement and sequence is correct
Video: X chromosome inactivation in calico cats

For a complete list of videos, visit our video library