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Author Question: Closely held corporations sometimes impose supermajority or unanimous quorum requirements even ... (Read 107 times)

pane00

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on: Jun 24, 2018
Closely held corporations sometimes impose supermajority or unanimous quorum requirements even though this creates the possibility of deadlock at the director level.
  Indicate whether the statement is true or false

Question 2

Notice of an assignment:
 A) must be given to the obligor.
  B) cuts off any defenses based on prior agreements between the obligor and assignor.
  C) precludes subsequent setoffs and counterclaims of the obligor that arise out of entirely separate matters.
  D) All of these.


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prumorgan

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

TRUE

Answer to Question 2

C


pane00

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Reply #2 on: Jun 24, 2018
Thank you


prumorgan

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Reply #3 on: Jun 24, 2018
No problemo


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