Solved

If a Corporation Has Fewer Than Fifty Shareholders,the Revised Model

Question 80

Multiple Choice

If a corporation has fewer than fifty shareholders,the Revised Model Business Corporation Act allows companies to ________.


A) choose not to file articles of incorporation
B) eliminate the board of directors altogether
C) have as few as seven corporate directors
D) have as few as five corporate directors
E) have as few as three corporate directors

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