If a corporation has fewer than ________ shareholders, the Revised Model Business Corporation Act allows companies to eliminate the board of directors entirely.
A) 100
B) 50
C) 30
D) 25
E) 10
Correct Answer:
Verified
Q23: A director may be removed for which
Q24: While ordinary decisions made by directors require
Q25: Which of the following are directors who
Q26: While a shareholder is not legally recognized
Q27: Which of the following is NOT within
Q29: If the corporate bylaws require a minimum
Q30: Who can call a special shareholder meeting?
A)
Q31: Pagean is a director that is also
Q32: How are directors typically chosen after the
Q33: Though it varies from state to state,
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