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Law Which of the following is true? A corporation must have a minimum of 1000 voting shares. (B) A corporation must have only one class
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Which of the following is true? A corporation must have a minimum of 1000 voting shares. (B) A corporation must have only one class of stock A corporation must be created under the law of a given state A corporation must be created under Federal securities laws Jeff signed a contract where he would purchase 1,000 cans of Ramble Chicken Noodle Soup from Sam for $550. Delivery would take place three weeks after the date the contract was signed. On the delivery date, Sam sent only 850 cans, teling jeff that from the date the contract was signed, he "only wanted to" send 850 instead of 1,000 because jeff is an isianders fan, If Jeff wishes to discharged the contract, will he be successful? Yes, because Sam materially breached the contract. No, because Sam did not materially breach the contract. Yes, because Sam failed to perform a condition. No, because Sam materially performed the condition Step by Step Solution
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