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A. The ratification was approved because PlatSA is a Panamanian corporation, the law of Panama applies to its internal affairs, and the fifty PlatSA votes
A. The ratification was approved because PlatSA is a Panamanian corporation, the law of Panama applies to its internal affairs, and the fifty PlatSA votes thus counted. B. The ratification was approved because there is no restriction under Delaware law with regard to shares of a corporation being owned by the corporation's subsidiary. C. The ratification vote failed by a margin of thirty-two to one because, under Delaware law, the PlatSA votes did not count. D. The ratification vote failed by a margin of thirty-two to one because, under Delaware law, a corporation may not issue its own shares to its own subsidiary. E. The ratification vote failed because PlatSA is not subject to the business judgment rule
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