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Author Question: Assuming there are no provisions in the corporation's articles of incorporation or bylaws regarding ... (Read 260 times)

michelleunicorn

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on: Jun 24, 2018
Assuming there are no provisions in the corporation's articles of incorporation or bylaws regarding quorum requirements, if there are 13 total directors of General Gonzo Corporation and the minimum number of directors are present to transact business, how many votes normally would be necessary for those present to act as a board?
 A) 7
  B) 4
  C) 6
  D) 11

Question 2

Marie owes Nathan 800 and the parties agree that Marie will paint Nathan's house in satisfaction of the debt. The debt is not discharged until Marie performs the substituted agreement by painting Nathan's house.
  Indicate whether the statement is true or false


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kingdude89

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

B

Answer to Question 2

TRUE


michelleunicorn

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Reply 2 on: Jun 24, 2018
Great answer, keep it coming :)

scottmt

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Reply 3 on: Yesterday
Excellent

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