Inkilwas Corporation has 30,000 outstanding shares. A shareholders' meeting is duly called to amend the articles of incorporation, and 17,501 shares are represented at the meeting
According to the Revised Model Business Corporations Act (RMBCA), what is the minimum number of outstanding shares that must be represented in this case to have a quorum?
A) 12,001
B) 18,501
C) 15,001
D) 17,501
C
You might also like to view...
Because of the need for more detailed communications, industrial marketers are heavy users of:
A) print media. B) television. C) radio. D) banners.
A party that enters into an illegal contract can recover the considerations given if the party:
A. reports the illegal act to law enforcement after committing it. B. rescinds the contract immediately after the illegal act has been performed. C. rescinds the contract before any illegal act has been performed. D. demonstrates an unequal bargain due to the illegal contract.
For every $1,000 of widgets Tanner sells, he receives a _________ of 10%.
A. bonus B. commission C. merit pay D. piecework E. exit pay
A VSM is ______.
A. much more narrowly defined in relation to a process flow B. particularly useful for processes showing a high degree of variation C. a communication tool D. a tool for reducing the carbon footprint