Question
With respect to a corporation, documents of record include 1. all of the above. 2. minutes of shareholders' meetings 3. a register of all transfers
With respect to a corporation, documents of record include
1. | all of the above. | |
2. | minutes of shareholders' meetings | |
3. | a register of all transfers of shares, including the date and other particulars of each transfer | |
4. | a register of the directors | |
5. | a copy of the corporation's charter, a copy of all bylaws (or articles) and special resolutionsl and a register of shareholders |
A person carrying on business who becomes insolvent...
1. | will only be declared bankrupt if the creditors and trustee agree. | |
2. | applies to the court for a receiving order which allows her to carry on business as usual. | |
3. | may realize her position is hopeless and may voluntarily apply for bankrupcy proceedings to avoid further loss to her creditors and injury to her name. | |
4. | need not worry - creditors cannot begin bankruptcy proceedings against a reluctant debtor. | |
5. | none of the above. |
Which of the following is correct with respect to the plea ofnon estfactum?
1. | The availability of non est factum does not depend on the degree of the person's carelessness. | |
2. | all of the above. | |
3. | People should escape liability under a contract simply because they failed to familiarize themselves with the contents. | |
4. | Non est factum means it is not my act. | |
5. | Non est factum requires that the person claim to be blind or illiterate. |
Canada's largest trading partner is
1. | India | |
2. | The European Union | |
3. | The United States of America | |
4. | China | |
5. | Mexico |
Each of these contracts except one would likely be considered contracts for an illegal purpose that a judge would be reluctant to enforce. Which one would a judge enforce without any qualms aboutlegality?
1. | all of the above. | |
2. | a contract that requires a debtor to pay 20% interest per month | |
3. | a contract to purchase $8000 worth of hydroponic equipment for a motorcycle gang's marijuana grow-op. | |
4. | a contract to burn down business premises to facilitate an insurance claim. | |
5. | a contract to purchase $400,000 worth of cigarettes for a convenience store chain. |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started