L Business Organizatio...aralegals, 7th Edition AA and Jack have a written agreement? 3. Chloe holds 100 shares in a joint stock com- pany. What rights, if any, does Chloe have to manage the business? May she transfer her stock to another? 4. Richard is a trustee of a business trust. With- out permission, he has "borrowed" money from the trust for his personal bills, although he always pays the trust back when he has available funds. Has Richard violated any duties? Discuss. 5. Why do investors like REITs? 6. Nick is a member of an energy cooperative. He has a 6 percent ownership interest in the co-op and uses 1 percent of its services. The co-op made $100,000 profit this year. What is Nick's share of the profit? Why? Back to page 589 Page 769 Last page in this chapter 1 354 words Business Organizatio...aralegals, 7th Edition AA C Net Worth be y fr 1. Access the website for the Ohio secretary of state. a. What is the fee to file a Withdrawal of Busi- ness Trust? b. What is the fee to file initial Articles of Incorporation for a Cooperative? 2. What is the definition of a "business trust" in New York? 3. Access the website for the Wyoming Secretary of State. not too pro Back to page 589 Page 770 2 pages left in this chapter S. MAR 19 3 T 1 tv A 354 words k Business Organizatio...aralegals, 7th Edition AA Q a. What is the fee in Wyoming to file a Certifi- cate of (Statutory) Trust? b. Review the form. What information is required in Section 2? 4. Review the Uniform Limited Cooperative Association Act. May a cooperative association have oral bylaws? What section governs your answer? 5. Access the website for the North Dakota Sec- retary of State. Locate information about Northwood Cooperative Oil Company. When was the cooperative filed or created? 6. Access the website for the National Associa- tion of Real Estate Investment Trusts. Review the FAQs. What percentage of REITs are rust him t also Back to page 589 Page 771 MAR 19 3 tv 1 page left in this chapter not y too to N 1 354 words A Business Organizatio...aralegals, 7th Edition AA equity REITs and what percentage are mort- gage REITs? K 1 354 words to Back to page 589 Page 772 Last page in this chapter MAR 19 0000 3 tv A