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Author Question: The RMBCA provides that, absent a conflicting provision in the articles of incorporation, directors ... (Read 103 times)

colton

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on: Jun 24, 2018
The RMBCA provides that, absent a conflicting provision in the articles of incorporation, directors may be removed: ______.
 A) with or without cause by a majority vote of the shareholders.
 B) with cause by a majority vote of the shareholders, and without cause by a unanimous vote.
 C) with or without cause by a unanimous vote of the shareholders.
 D) only with cause.

Question 2

A stockholder-approved amendment to the certificate of incorporation may indemnify directors who: ______.
 A) acted in bad faith.
 B) acted negligently.
 C) breached their duty of loyalty.
 D) gained an improper personal benefit.


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parker125

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

A

Answer to Question 2

B


colton

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Reply 2 on: Jun 24, 2018
Gracias!

meganmoser117

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Reply 3 on: Yesterday
Excellent

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