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    Dynamic Business Law
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    Exam 39: Corporations: Directors, officers, and Shareholders
  5. Question
    If a Corporation Has Fewer Than ________ Shareholders,the Revised Model
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If a Corporation Has Fewer Than ________ Shareholders,the Revised Model

Question 48

Question 48

Multiple Choice

If a corporation has fewer than ________ shareholders,the Revised Model Business Corporation Act allows companies to eliminate the board of directors entirely.


A) 100
B) 10
C) 50
D) 30
E) 25

Correct Answer:

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