QUESTION 23 The federal Canada Business Corporations Act, requires at least of the directors of a federal corporation to be resident Canadians. 30% 25% O 40% 50% QUESTION 24 An example of a bailment for reward is a rental agreement. This is so because: O it is governed by the same standard as the resonable person standard in tort law O the exchange between the parties is viewed as a consignment most owners of instruments are bailors O there is consideration exchanged between the parties