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FACTS: Assume a jurisdiction that has adopted the Model Business Corporations Act (2016) as its corporation statute. The Coliseum, Inc., is a closely held corporation

FACTS: Assume a jurisdiction that has adopted the Model Business Corporations Act (2016) as its corporation statute. The Coliseum, Inc., is a closely held corporation with three shareholders as follows: o Jupiter, who owns 500 shares; o Juno, who owns 300 shares; and o Ceres, who owns 200 shares. The corporation is a concert promoter for singers and other entertainers and has been operating for almost a year. It begins to plan for its annual shareholder meeting where the shareholders will elect a new board of directors. The board has five board positions. The annual meeting is set for June 30. Question 1: By when would The Coliseum have to provide notice of the annual meeting to the shareholders? Question 2: The Coliseum sets a record date of June 8. Ceres sold her stock to a friend on June 9. Who votes Ceres' shares at the shareholders' meeting on June 30

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