Great Gates,Inc.has a board of ten directors.Great Gates' bylaws do not state any quorum requirements.In most states,a quorum for Great Gates will be defined as
A) nine directors.
B) six directors.
C) two directors.
D) ten directors.
Correct Answer:
Verified
Q16: In certain instances of fraud, a court
Q18: A straight majority vote of the shares
Q25: Bret and Courtney form Delite Day Care,Inc.Ultimate
Q26: Clive,Domina,and Elgar are the first directors on
Q29: The articles of corporation cannot exclude or
Q32: Shareholders elect and remove the directors of
Q33: Dividends can be paid only in stock
Q36: A majority shareholder does not owe a
Q39: Shareholders are not personally liable for the
Q40: If a corporation fails,the shareholders are all
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents