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 81 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

flexer1n1

  • Member
  • Posts: 373
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Did you know?

Earwax has antimicrobial properties that reduce the viability of bacteria and fungus in the human ear.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

How stomatal pores open and close. How stomatal pores open and close.
The first step in field recovery involves surveying the site, sometimes with special equipment. The first step in field recovery involves surveying the site, sometimes with special equipment.
Coding for Special Situations Cont Coding for Special Situations Cont
With a fortune of $66 billion, Bill Gates, a cofounder of Microsoft Corporation, is the second ... With a fortune of $66 billion, Bill Gates, a cofounder of Microsoft Corporation, is the second ...
Fluoride Supplement Dosage Schedule Fluoride Supplement Dosage Schedule
How ABA Causes Stomata to Close How ABA Causes Stomata to Close
Video: Introduction to Insulin

For a complete list of videos, visit our video library