Under the Model Act and in a majority of the states, a quorum of ...

[EY67]

Under the Model Act and in a majority of the states, a quorum of shareholders at an annual meeting may be not less than ____ percent of the shares entitled to vote.
 A) 10
  B) 33 1/3
  C) 66 2/3
  D) 50

Question 2

Breach of a contractual promise and failure of a condition have fundamentally the same effect.
  Indicate whether the statement is true or false

[aburgess]

Answer to Question 1

B

Answer to Question 2

FALSE