Unissued shares and treasury stock must be counted to see if a quorum exists.
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Q21: Directors who are also officers or employees
Q22: The Revised Act requires that demand be
Q23: A quorum of shares must be present
Q24: In most states, but not under the
Q25: Incorporation statutes generally require that each share
Q27: Any limits on the duration of the
Q29: The members of the board of directors
Q30: The business judgment rule would require an
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Q37: Under the Statutory Close Corporation Supplement to
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