Multiple Choice
Which of the following 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
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