Situation 1= 25 points

Mrs. Brown is a lawyer, specialized in common-law and she wants to create a company in order to operate her business activity in all provinces and territories of Canada.

A) Indicate to Mrs. Brown which is the legal regime that she can use to incorporate her company? (5

B:Indicate the advantages of a business corporation. (10 points)

C: Mrs. Brown is the sole shareholder and director of the company.She dies, and her succession is not yet devolved to her successors.In this situation, the company that she incorporated will be dissolved or not? Explain the reasons of your answer - minimum 2 sentences . (10 points)

Mr.Kevin,Mr. Justinand Mrs. Brownare the shareholders of the company''Management Consulting SolutionsINC.''incorporated under the provisions ofC.B.C.A.

2.

Mr. Kevin has 30 shares, class A, containing the right to vote and to participate to the remaining property in case of dissolution of the company.

Mr. Justin has 35shares, classC,containing the right toreceive dividends and the right tovote.

Mrs. Brown has 35, shares class B, containing the right to receive dividends.

In order to manage the business and affairs ofthecompany,a director of the company must be appointed.

Question A:Indicatewhich are the shareholders having the right to elect the director and the number of votes that each shareholder is having. (5

QUESTION B:The shareholders have elected Mrs. Peter as director of the company. Indicate which is the duration of her mandate.Explain the reasons of your answer-minimum 2 sentenced (10points)_____________________________________________

QuestionC:Indicatewhich are theshareholders having the right to remove Mrs. Peter of its functions and the minimum number of votesnecessary for adopting this decision.(10points).