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Author Question: Cumulative voting is permitted so the majority of shareholders can keep control of the board of ... (Read 116 times)

dejastew

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on: Jun 24, 2018
Cumulative voting is permitted so the majority of shareholders can keep control of the board of directors.
  Indicate whether the statement is true or false

Question 2

Lynne is the intended beneficiary of a third-party contract. Her rights have vested. In an action by Lynne to enforce the promise, the promisor may assert the defense of:
 A) rescission.
  B) contractual modification.
  C) fraud.
  D) All of these.


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leahchrapun

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Reply #1 on: Jun 24, 2018
Answer to Question 1

FALSE

Answer to Question 2

C


dejastew

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Reply #2 on: Jun 24, 2018
Thank you


leahchrapun

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Reply #3 on: Jun 24, 2018
No problemo


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