Law resa corporation exam - Study guides, Class notes & Summaries

2024/2025 LAW RESA Corporation Exam - Questions with Verified Answers, A Grade As regards the corporate by laws, which of the following is false? A. To adopt majority of the outstanding capital stock is needed B. To delegate to the BOD the power to amend, repeal, or adopt new by-laws, 2/3 of the outstanding capital stock C. To revoke the power delegated to the board to amend, repeal, or adopt new by-laws, 2/3 of the outstanding capital stock D. To amend, repeal or adopt new by-laws, majority o...

LAW -RESA-CORPORATION EXAM QUESTIONS WITH VERIFIED ANSWERS...

RESA Partnership and Corporation Exam Questions and Answers|100% Pass A. A partnership is created by voluntary agreement of the partners, whereas a corporation is always created by some express legislative authority either in the form of a special law or of a general law. - Answer-What is an essential difference between a partnership and a corporation? A. A partnership is created by voluntary agreement of the partners, whereas a corporation is always created by some express legislative aut...