Nonemployees such as financial planners, accountants, auditors, and attorneys are considered corporate outsiders.
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Q4: Ratification is the subsequent approval by a
Q5: Aliens, minors, and non-shareholders are automatically barred
Q6: Directors are not entitled to be notified
Q7: Cumulative voting favors majority shareholders.
Q8: The manager of a manager-run LLC is
Q10: If Amanda owns 10% of the stock
Q11: Those who support governmental control demand that
Q12: Most state incorporation statutes provide that a
Q14: The "corporate opportunity" doctrine states that managers
Q20: If managers choose to run an LLC
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