Action taken by shareholders without holding a meeting is valid ...

[cnetterville]

Action taken by shareholders without holding a meeting is valid under the RMBCA if it is evidenced by a written consent signed by all the shareholders entitled to vote on the action.
  Indicate whether the statement is true or false

Question 2

When a meeting opens with a quorum, the quorum is broken if shareholders leave and those remaining are not sufficient to constitute a quorum.
  Indicate whether the statement is true or false

[britb2u]

Answer to Question 1

TRUE

Answer to Question 2

FALSE

[cnetterville]

Wow, this really help

[Viet Thy]

Thanks for the timely response, appreciate it