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Author Question: Assuming there are no provisions in the corporation's articles of incorporation or bylaws regarding ... (Read 67 times)

michelleunicorn

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Assuming there are no provisions in the corporation's articles of incorporation or bylaws regarding quorum requirements, if there are 13 total directors of General Gonzo Corporation and the minimum number of directors are present to transact business, how many votes normally would be necessary for those present to act as a board?
 A) 7
  B) 4
  C) 6
  D) 11

Question 2

Marie owes Nathan 800 and the parties agree that Marie will paint Nathan's house in satisfaction of the debt. The debt is not discharged until Marie performs the substituted agreement by painting Nathan's house.
  Indicate whether the statement is true or false



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kingdude89

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Answer to Question 1

B

Answer to Question 2

TRUE




michelleunicorn

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


helenmarkerine

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

 

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