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    Business Law Study Set 4
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    Exam 42: Organization and Financial Structure of Corporations
  5. Question
    Under the Model Business Corporation Act (MBCA),a Prospective Shareholder May
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Under the Model Business Corporation Act (MBCA),a Prospective Shareholder May

Question 39

Question 39

True/False

Under the Model Business Corporation Act (MBCA),a prospective shareholder may not revoke a preincorporation subscription for a one-year period,in the absence of a contrary provision in the subscription.

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