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Dingbat's Coffee, Inc. operates many upscale coffee shops in the US. It has 500,000 shares outstanding and 7 directors. Its bylaws state that the annual
Dingbat's Coffee, Inc. operates many upscale coffee shops in the US. It has 500,000 shares outstanding and 7 directors. Its bylaws state that the annual shareholders meeting will be held April 5, and that the record date for the meeting is 30 days before. Dingbat's is considering buying all of its beans from Booby's Beanery. Director Jones owns a significant number of shares in Booby's. Can he vote on this transaction? No "yes" or "no" here, discuss please
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