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  3. Study Set
    Dynamic Business Law Study Set 1
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    Exam 39: Corporations: Directors, Officers, and Shareholders
  5. Question
    If a Corporation Has Fewer Than ________ Shareholders, the Revised
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If a Corporation Has Fewer Than ________ Shareholders, the Revised

Question 75

Question 75

Multiple Choice

If a corporation has fewer than ________ shareholders, the Revised Model Business Corporation Act allows companies to eliminate the board of directors entirely.


A) 100
B) 50
C) 30
D) 25
E) 10

Correct Answer:

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