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Author Question: Three classmates incorporated about a week after graduation. The authorized capital was 500 000 ... (Read 50 times)

JGIBBSON

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on: Aug 7, 2021
Three classmates incorporated about a week after graduation. The authorized capital was 500 000 common no-par-value shares. Each classmate took one share, and each was a director. If the directors decide to issue more shares from the treasury to raise more capital, which of the following provisions ensures that they keep their proportionate holdings?
◦ derivative-action provision
◦ pre-emptive right provision
◦ dissent procedure
◦ relief-from-oppression provision
◦ indoor-management rule
Legal Fundamentals for Canadian Business ¦ Yates ¦ 4th Edition
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Marked as best answer by JGIBBSON on Aug 7, 2021

IAPPLET

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Reply #1 on: Aug 7, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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JGIBBSON

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Reply 2 on: Aug 7, 2021
Great answer, keep it coming :)

Viet Thy

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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