Liza is a stockholder of a corporation, who has only paid up to 25% of her subscribed stockholdings. She sold all her shares of stock in the corporation to Marita. However, the transfer was not recorded in the books of the corporation. Nellie is a creditor of the corporation.

Can Nellie file a suit to collect the debt of the corporation by suing Liza and compelling Lisa to pay the 75% unpaid subscription to Nellie in settlement of the corporation's debt? If yes, explain your answer. If no, explain why not.

Kristina, a stockholder, chose to exercise her appraisal rights. She demanded fair value of her shares in the corporation. While waiting for payment for her shares, the corporation held an election for a new director.

Kristina voted her shares in said election. Is this allowed by law? Explain