Multiple Choice
What must be used in order to circumvent the general powers of the directors of a corporation to manage or supervise the ongoing business and affairs of a corporation?
A) provisions made in the bylaws or unanimous shareholders agreement
B) resolution of the majority shareholders of the corporation
C) provisions contained in the bylaws or a shareholders' agreement
D) unanimous resolution of majority and minority shareholders
Correct Answer:

Verified
Correct Answer:
Verified
Q8: What evidence would strongly support a judge's
Q9: What is the legal term for the
Q10: The senior vice president of marketing surprised
Q11: Kramer is the sole director and shareholder
Q12: Under what circumstances will a court find
Q14: Under what circumstances would a court "lift
Q15: The exercise of which of the following
Q16: Which statement best describes a corporation's liability
Q17: What is a distinguishing characteristic attributable to
Q18: Ingel is a director in MIV Inc.,a