The Revised Act requires that demand be made upon the board of ...

[dmcintosh]

The Revised Act requires that demand be made upon the board of directors to enforce the corporate right at issue in all cases as a prerequisite to bringing a derivative suit.
  Indicate whether the statement is true or false

Question 2

In all substituted contracts there must be an agreement among three parties where a new promise is substituted for an existing promise or a new promisor is substituted for an existing promisor.
  Indicate whether the statement is true or false

[chevyboi1976]

Answer to Question 1

TRUE

Answer to Question 2

FALSE