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Which of the Following Is Correct Regarding the Removal of Mr.X

Question 67

Multiple Choice

Which of the following is correct regarding the removal of Mr.X from the board of XYZ?


A) The common law does not permit removal of a director for any reason.
B) The RMBCA permits the removal of a director without cause.
C) The articles of incorporation cannot provide for the removal of directors.
D) Under common law and statutory law,a director can never be removed without cause.

Correct Answer:

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