Solved

Under the Model Act and in a Majority of the States,a

Question 57

Multiple Choice

Under the Model Act and in a majority of the states,a quorum of shareholders at an annual meeting may be not less than ____ percent of the shares entitled to vote.


A) 10
B) 33 1/3
C) 66 2/3
D) 50

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q52: The officers determine the capital structure and

Q53: A proxy is revocable to the same

Q54: Members of the board of directors may

Q55: A quorum will consist of a majority

Q56: During the past twenty years or so,inside

Q58: The shareholders elect the key corporate officers.

Q59: Management can be offered shares of the

Q60: The board of directors is delegated the

Q61: Notice of a shareholders' meeting may not

Q62: Morales,president of Tradewind Industries,Inc. ,would have actual