A corporation may be judicially dissolved when its management is deadlocked and the deadlock cannot be broken by the shareholders

Indicate whether the statement is true or false


True

Business

You might also like to view...

Which of the following describes a computer-based system in which users' messages appear on each other's screens instantly?

A. Wikis B. Microblogs C. Blogs D. Email E. Instant messaging

Business

Which of the following is a risk that firms must consider prior to expanding abroad?

A) The domestic consumers may prefer low-priced products. B) The market in the foreign country may be too similar to the domestic market. C) Consumers in the foreign country may be very particular about quality. D) The foreign country may have very low pollution control standards. E) Management may not understand the foreign country's business culture.

Business

Recovery of damages under Rule 10b-5 requires proof of:

A) a purchase and sale of the same securities within six months. B) scienter. C) negligence. D) immateriality of a statement.

Business

Medicaid recipients must:

A) wait six-months before they can enroll B) provide a core requirement of minimum benefits C) not have any pre-existing conditions D) first spend all their financial assets

Business