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Author Question: The Revised Act states that all corporate powers shall be exercised by or under the authority of, ... (Read 93 times)

jCorn1234

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The Revised Act states that all corporate powers shall be exercised by or under the authority of, and the business and affairs of the corporation managed under the direction of :
 A) the shareholders of the corporation.
  B) the chief executive officer of the corporation.
  C) the officers of the corporation.
  D) the board of directors of the corporation.

Question 2

The Restatement and the Code have made the traditional test of objective impossibility more stringent by requiring that the performance must be actually or literally impossible.
  Indicate whether the statement is true or false



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gabrielle_lawrence

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Answer to Question 1

D

Answer to Question 2

FALSE




jCorn1234

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


dreamfighter72

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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