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    Exam 42: Organization and Financial Structure of Corporations
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    When a Nonprofit Corporation Gives Its Members Transfer Rights,restrictions on Those
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When a Nonprofit Corporation Gives Its Members Transfer Rights,restrictions on Those

Question 80

Question 80

Multiple Choice

When a nonprofit corporation gives its members transfer rights,restrictions on those rights are only valid if approved by:


A) a majority of the members.
B) two-thirds of the members.
C) affected members.
D) all members.

Correct Answer:

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