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Under the Model Business Corporation Act (MBCA),a Prospective Shareholder May

Question 86

Multiple Choice

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


A) nine-month
B) one-year
C) two-year
D) six-month

Correct Answer:

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