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Stock transfer restrictions are illegal. True False SEC Rule 10b-5 applies to all securities. True False Directors are presumed to concur with the action of

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Stock transfer restrictions are illegal. True False SEC Rule 10b-5 applies to all securities. True False Directors are presumed to concur with the action of the Board unless their dissent is recorded in the Board minutes. True False Dissenting shareholders whose preemptive rights are adversely effected by an amendment to the certificate of incorporation are to appraisal rights. True False Courts will not second guess the business judgment of corporate directors if exercised in good faith. True False

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