Charles owns 1,000 shares of stock in Temperan, Inc Charles wants to obtain corporate records including the corporation's minute book and accounting records. Under the Model Act, Charles is entitled to this information if he requests it in good faith and
A)he owns at least 1 percent of the company or 2,000 of stock.
B)he is an employee of Temperan.
C)he is a controlling shareholder.
D)he has a proper purpose.
Question 2
Which of the following statements regarding the 1994 Agreement on Import Licensing Procedures is false?
A) Applications should not be refused because of minor errors in paperwork.
B) The WTO Import Licensing Committee must be notified if any new products will become subject to licensing requirements.
C) It calls for the procedures to be fair, reasonable, and nondiscriminatory.
D) Where licenses are used to administer quotas, the amount of the quota already used must be published for all importers to see.
E)All of the above are correct.
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