Question
1.Which of the following would not be considered a shareholder right? a.To stand for the role of director b.To have to follow majority decisions of
1.Which of the following would not be considered a shareholder right?
a.To stand for the role of director
b.To have to follow majority decisions of management and directors
c.The right to share in the assets of the corporation upon dissolution
d.To inspect corporate records
e.To have a pre-emptive right to new issuance of shares
2.Which of the following would be considered a fixture on land?
a.A prize set of windchimes
b.A mini fridge
c.A bookcase nailed into the wall
d.A cedar hedge
e.An inflatable wading pool
3.Directors and managers may do which of the following?
a.Declare a dividend
b.Act upon a business opportunity that comes along to them personally
c.Handle the day-to-day business of a corporation
d.Force shareholders out of their ownership position
e.Avoid all possible liabilities
4.Which of the following would not be considered a form of corporate funding?
a.A bank loan
b.Sale of shares
c.A Go Fund Me campaign
d.A charitable campaign
e.The sale of bonds
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