Question
A corporation is engaged in an airline business - operating aircrafts. Since it has a lot of aircrafts, they noticed that their idle funds in
A corporation is engaged in an airline business - operating aircrafts. Since it has a lot of aircrafts, they noticed that their idle funds in the bank are not earning much. The corporation decided to buy 60% of a shipping company. Question 1: If the corporation buys 60% of the shipping company, what would be required? Question 2: Can the corporation say that there is no need of the ratification since the shipping company is still a transportation company?
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Business Law Text and Cases An Accelerated Course
Authors: Roger LeRoy Miller
14th edition
1305967291, 978-1337514439, 1337514438, 978-1305967298
