QUESTION 7 The Securities Exchange Act of 1934 requires that a regulated corporation make periodic disclosures about its organization and financial situation. O True O False QUESTION 8 A corporation is owned by its O a. shareholders. O b. directors. O c. incorporators. O d. officers. QUESTION 9 Rosa and Sean are shareholders of Tasty Tacos Inc. Rosa's written authorization to Sean to vote Rosa's shares at a shareholders' meeting is O a. a proxy. O b. cumulative voting. O c. a corporate resolution. O d. a quorum requirement. QUESTION 10 Acts of a corporation that are beyond the authority granted to it under its charter or under the statutes by which it was incorporated are ultra vires acts. O True O False