Under the Model Business Corporation Act (MBCA) , a prospective shareholder may not revoke a preincorporation subscription for a(n) _____ period, in the absence of a contrary provision in the subscription.
A) nine-month
B) one-year
C) two-year
D) six-month
Correct Answer:
Verified
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A)a contract binding
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A)Options
B)Warrants
C)Bonds
D)Debentures
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