TIMED TASK!

Statement 1. Treasury shares shall have voting right as long as such shares remain in the Treasury. Statement 2. One or more stockholders of a stock corporation may create a voting trust for the purpose of conferring upon a trustee or trustees the right to vote and other rights pertaining to the shares for a period not exceeding three (3) years at any time. Only the second statement is correct Both statements are wrong Only the first statement is correct Both statements are correct