Under the Model Business Corporation Act (MBCA),a prospective shareholder may not revoke a preincorporation subscription for a one-year period,in the absence of a contrary provision in the subscription.

Question

Quizplus · Accepted Answer

Under the Model Business Corporation Act (MBCA),a prospective shareholder may not revoke a preincorporation subscription for a six-month period,in the absence of a contrary provision in the subscription.

Under the Model Business Corporation Act (MBCA),a Prospective Shareholder May