Question 1

As an owner of a given number of shares of stock in corporation X, frank entered into a voting trust agreement with Bakem.on the basis of voting trust agreement, Bakem announced a desire he had to run for a seating the board of directors of corporation x, James another stockholder objected and questioned the eligibility of Bakem to be a director in corporation x is James's contention, correct? Explain why.

Question 2.

Describe the limitation on the issuance of shares of par value.

Question 3

Explain the instances in which non-voting shares might vote.

Question 4

Distinguish share of stock from certificate of stock