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Which of the Following Is True Regarding the Revised Model

Question 16

Multiple Choice

Which of the following is true regarding the Revised Model Business Corporation Act?


A) It has been fully rejected in over half of the states in favor of the Model Business Corporation Act.
B) It has been adopted at least in part in over half of the states.
C) It has been rejected in over half of the states in favor of the Model Corporate Act.
D) It has been adopted fully by seventy-five percent of the states.
E) There is no Revised Model Business Corporation Act.

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