Corporation law

Stock transfer restrictions we illegal. True False SEC Rule 10b-5 apples to at securities. True False Directors are presumed to concur with the action of the Board unless their dissent is recorded in the Board minutes. True False Dissenting shareholders whose preemptive rights are adversely effected by an amendment to the certificate of incorporation are entitled to appraisal rights. True False Courts will not second guess the business judgment of corporate directors if exorcised in good faith. True False