In most states, a corporation may, with shareholder approval, ...

[Pineapplelove6]

In most states, a corporation may, with shareholder approval, limit the liability of directors for some breaches of the duties which they owe to the corporation.
  Indicate whether the statement is true or false

Question 2

Rescinding an executory bilateral contract does not qualify as consideration.
  Indicate whether the statement is true or false

[ms_sulzle]

Answer to Question 1

TRUE

Answer to Question 2

FALSE

[Pineapplelove6]

Excellent

[covalentbond]

Thanks for the timely response, appreciate it