Multiple Choice
Zeron Corporation stock may be summarized as follows: 100,000 authorized
90,000 issued
75,000 outstanding
15,000 treasury stock
How many shares or proxies will have to be present for a quorum (assuming no special provision and that the
Revised Act is not in effect) ?
A) 45,001
B) 37,501
C) 30,001
D) 50,001
Correct Answer:
Verified
Correct Answer:
Verified
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