Various laws and contracts govern the rights and obligations of a shareholder. Which of the following is/are not true?
a. The corporation laws of the jurisdiction in which incorporation takes place govern the rights and obligations of a shareholder.
b. The articles of incorporation or the corporate charter sets out the agreement between the firm and the jurisdiction in which the business incorporates.
c. The board of directors adopts bylaws, which are the rules and regulations governing the internal affairs of the corporation.
d. The jurisdiction grants to the firm the privileges of operating as a corporation for certain stated purposes and of obtaining its capital through the issue of shares of stock.
e. none of the above
E
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A. vintage cars B. rare paintings C. limited edition apparel D. industrial products E. patented drugs
Trademark law is exclusively federal law
Indicate whether the statement is true or false
Kali contracts to sell Leony her car for $3,000. This contract will be fully discharged when Kali and Leony A) agree to sign a bill of sale
B) exchange the car for the $3,000. C) sign a receipt. D) shake hands and go their separate ways.
An investor is considering investing one-half of his wealth in Asset A and one-half in Asset B. He is not sure how the two assets are correlated. The correlation might be r = +1 or it might be r = -1
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