This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The Statutory Close Corporation Supplement to the MBCA and RMBCA and special legislation in about ... (Read 133 times)

Garrulous

  • Hero Member
  • *****
  • Posts: 686
on: Jun 24, 2018
The Statutory Close Corporation Supplement to the MBCA and RMBCA and special legislation in about twenty states accommodate the needs of closely held corporations by all but which of the following?
 A) Permitting operation without a board of directors
  B) Authorizing the use of shareholder agreements in place of bylaws
  C) Requiring cumulative voting
  D) Making annual meetings optional

Question 2

A person who has made a financially unsound contract may be relieved from performance under the doctrine of commercial impracticability.
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

sabina576

  • Sr. Member
  • ****
  • Posts: 356
Reply #1 on: Jun 24, 2018
Answer to Question 1

C

Answer to Question 2

FALSE


Garrulous

  • Member
  • Posts: 686
Reply 2 on: Jun 24, 2018
Excellent

LegendaryAnswers

  • Member
  • Posts: 341
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

As many as 28% of hospitalized patients requiring mechanical ventilators to help them breathe (for more than 48 hours) will develop ventilator-associated pneumonia. Current therapy involves intravenous antibiotics, but new antibiotics that can be inhaled (and more directly treat the infection) are being developed.

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

Did you know?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

Did you know?

All adults should have their cholesterol levels checked once every 5 years. During 2009–2010, 69.4% of Americans age 20 and older reported having their cholesterol checked within the last five years.

Close-up of the underside of a gecko's foot as it walks on vertical glass Close-up of the underside of a gecko's foot as it walks on vertical glass
Coding for Special Situations Cont Coding for Special Situations Cont
Ford spring-lock connectors require a special tool for disassembly. Ford spring-lock connectors require a special tool for disassembly.
Supplement Smarts Supplement Smarts
Close-up of a newly created enzyme degrading PET plastic Close-up of a newly created enzyme degrading PET plastic
How ABA Causes Stomata to Close How ABA Causes Stomata to Close
Video: Cell mediated immune response to a viral infection Animation

For a complete list of videos, visit our video library