Solved

To Protect Minority Shareholders,close Corporations May Impose ________ Voting Requirements

Question 65

Multiple Choice

To protect minority shareholders,close corporations may impose ________ voting requirements for board actions and restrictions on the managerial discretion of the board of directors.


A) supermajority
B) cumulative
C) straight
D) class

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents