Under the Revised Model Business Corporation Act, which of the following must be contained in a corporation's articles of incorporation? a. The number of shares the corporation is authorized to issue. b. Names of stockholders. c. Provisions for issuance of par and nonpar shares. d. Quorum ...
Under the Revised Model Business Corporation Act, which of the following items of information should be included in a corporation’s Articles of Incorporation (charter)? A. Name and address of the corporation’s promoter. B. Name and address of each preincorporation subscriber. C. Number of sha...
Under the Revised Model Business Corporation Act, which of the following statements is correct regarding corporate officers of a public corporation? a. An officer of a corporation is required to own at least one share of the corporation's stock. b. Stockholders always have the right to elect ...
Current Laws Related to Election and Removal of Directors 1. Revised Model Business Corporation Act Plurality voting as a defaulPortlnd
Under the Revised Model Business Corporation Act, which of the following dividends is not defined as a distribution?A. Property dividends. B. Stock dividends. C. Liquidating dividends. D. Cash dividends. 正确答案:B 分享到: 答案解析: B is corrent. The requirement is to identify the type of...
Under the Revised Model Business Corporation Act, following what type of corporate acquisition does the acquiring corporation automatically become liable for all obligations of the acquired corporation?A. An acquisition of stock for debt securities. B. A cash tender offer. C. A merger. D. A lever...
Under the Revised Model Business Corporation Act, a merger of two public corporations usually requires all of the following, except : a. A formal plan of merger. b. Approval by the board of directors of each corporation. c. Receipt of voting stock by all stockholders of the original corporat...
The revised Model Business Corporation Act, in its final form, will appear in these volumes. This article describes the revised Model Business Corporation Act, the reasons for its development at the present time, the prin...
of the meeting unless the board of directors fixes a new record date, which it must do if the meeting is adjourned to a date more than 120 days after the date fixed for the original meeting. (d) If a court orders a meeting adjourned to a date more than 120 days after the date ...
Under the Revised Model Business Corporation Act, which of the following statements is correct regarding corporate officers of a public corporation? a. An officer of a corporation is required to own at least one share of the corporation's stock. b. Stockholders always have the right to elect ...