Author Question: The Revised Act requires that demand be made upon the board of directors to enforce the corporate ... (Read 62 times)

dmcintosh

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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

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Answer to Question 1

TRUE

Answer to Question 2

FALSE



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