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Author Question: If shareholders agree to vote in a specified manner for the election or removal of directors, this ... (Read 83 times)

Mr. Wonderful

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on: Jun 24, 2018
If shareholders agree to vote in a specified manner for the election or removal of directors, this is known as:
 A) a proxy.
  B) cumulative voting.
  C) a voting trust.
  D) a shareholder voting agreement.

Question 2

On November 1, Paula and Mia enter into a contract where both parties are obligated to perform on December 31. On December 1, Paula tells Mia, I cannot and do not plan to perform my duties in our contract. This statement is a(n):
 A) material alteration.
  B) anticipatory repudiation.
  C) nonmaterial breach since the statement is made before December 31.
  D) accord.


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Bsand8

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

D

Answer to Question 2

B


Mr. Wonderful

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Reply 2 on: Jun 24, 2018
Great answer, keep it coming :)

31809pancho

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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