A _____ is a majority of the number of directors fixed by the articles or bylaws.
A) prudent person standard
B) quorum
C) referendum
D) novation
Correct Answer:
Verified
Q21: A director:
A)cannot be removed from office if
Q22: Vacancies on the board can be filled:
A)only
Q23: To obtain the protection of the business
Q24: When notice of a special meeting is
Q25: When a corporate manager makes an honest
Q27: Under the MBCA,a director:
A)will not have dissented
Q29: The _ binds the corporation on receipts,checks,and
Q30: The board of directors of Meckes Corporation,at
Q31: Distanet Corporation is a competitor of Telenex
Q33: A charter option statute authorizes a corporation
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