Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

QUESTION 16 A company includes in its bylaws that 2/3 of the membership is required to take any effective vote (establish quorum). Once quorum is

image text in transcribed

QUESTION 16 A company includes in its bylaws that 2/3 of the membership is required to take any effective vote (establish quorum). Once quorum is established, a simple majority vote of the presiding members is need for any action to be taken, such as voting an officer out of office. The total number of members is 30. B makes a motion to vote the president of the corporation out of office. What is the lowest number of people that can effectuate this action? O A 21 B. 18 OC. 16 OD. 11 QUESTION 17 Provisionally deposition a check means O A. Having a pre-approval on the check before depositing it B. Having a form of direct deposit on your bank checks OC. Making an appointment with the bank to discuss the balance of an account OD. Temporarily receiving funds while the full amount of the check is cleared QUESTION 18 Which of the following is an employer/employee relationship and NOT an principal/independent contractor relationship? O A. Manager at McDonalds and a cashier OB. Customer hiring roofing company C. Staten Island University Hospital and Dr. Smith OD. Client and hired attorney

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Fundamentals Of Investments

Authors: Charles J. Corrado

3rd Edition

0072829192, 978-0072829198

Students also viewed these Finance questions