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Under the Model Act,who Has the Right to Call a Special

Question 12

Multiple Choice

Under the Model Act,who has the right to call a special meeting of the shareholders to vote on an emergency issue that cannot wait until the next annual meeting?


A) The board of directors and shareholders who own at least 10 percent of a company's stock
B) Any group of shareholders that is at least 25 in number and holds 25 percent of a company's stock
C) The board of directors and the CEO
D) Only the board of directors

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