Debentures may not have a term of more than thirty (30) years.
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Q5: A corporation must issue some common stock.
Q6: The Model Business Corporation Act (MBCA) gives
Q7: The revised Model Business Corporation Act (MBCA)
Q8: Dividends on cumulative preferred stock, if not
Q9: If a corporation has only one class
Q11: If a corporation has only one class
Q12: Sometimes a value is assigned to the
Q13: Shareholders are not usually able to sue
Q14: A shareholder is permitted to bring suit
Q15: Dividends must always be paid in cash.
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