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patricia patricia
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6 years ago
Which of the following is true of a quorum?
 A) It is the maximum number of debentures that must be represented in order that business may be lawfully transacted.
 B) Statutes, bylaws, or the articles of incorporation ordinarily require a majority of outstanding stock constitutes a quorum.
 C) A stockholder's proxy cannot be counted in reaching a quorum in a convened meeting.
 D) At common law, a quorum consisted of the number of proxies at a properly convened meeting.
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DCAV1DCAV1
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6 years ago
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patricia Author
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6 years ago
Thank you, thank you, thank you!
jamesbove
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Yesterday
Thanks for your help!!
Mkersey12
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2 hours ago
this is exactly what I needed
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