100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
RESA - RFBT PART 2 QUESTIONS AND ANSWERS |100% PASS $12.49   Add to cart

Exam (elaborations)

RESA - RFBT PART 2 QUESTIONS AND ANSWERS |100% PASS

 1 view  0 purchase
  • Course
  • 2024/2025
  • Institution
  • 2024/2025

RESA - RFBT PART 2 QUESTIONS AND ANSWERS |100% PASS b. 2/3 - Answer-Any director or trustee of a corporation may be removed from office by a vote of the stockholders holding or representing at least ___________ of the outstanding capital stock. a. 1/2 b. 2/3 c. 3/4 d. All c. Per diems - Ans...

[Show more]

Preview 3 out of 19  pages

  • October 7, 2024
  • 19
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • 2024/2025
  • 2024/2025
avatar-seller
EmillyCharlotte
EMILLYCHARLOTTE 2024/2025 ACADEMIC YAER ©2024 EMILLYCHARLOTTE. ALL RIGHTS RESERVED
FIRST PUBLISH SEPTEMBER 2024




RESA - RFBT PART 2 QUESTIONS
AND ANSWERS |100% PASS

b. 2/3 - Answer✔✔-Any director or trustee of a corporation may be removed from office by a vote of

the stockholders holding or representing at least ___________ of the outstanding capital stock.


a. 1/2


b. 2/3


c. 3/4


d. All


c. Per diems - Answer✔✔-In the absence of any provision in the bylaws fixing their compensation, the

directors or trustees shall not receive any compensation in their capacity as such, except for reasonable

________.


a. Honorariums


b. Talent fee


c. Per diems


d. None of the above


b. Solidarily - Answer✔✔-Directors or trustees who willfully and knowingly vote for or assent to patently

unlawful acts of the corporation or who are guilty of gross negligence or bad faith in directing the affairs

of the corporation or acquire any personal or pecuniary interest in conflict with their duty as such

Page 1/19

,EMILLYCHARLOTTE 2024/2025 ACADEMIC YAER ©2024 EMILLYCHARLOTTE. ALL RIGHTS RESERVED
FIRST PUBLISH SEPTEMBER 2024


directors or trustees shall be liable ______________ for all damages resulting therefrom suffered by the

corporation, its stockholders or members and other persons. B


a. Jointly


b. Solidarily


c. Both A & B


d. None of the above


c. 2/3 - Answer✔✔-The owners of _________ of the outstanding capital stock may delegate to the board

of directors the power to amend or repeal the bylaws or adopt new bylaws.


a. 1/2


b. Majority


c. 2/3


d. 3/4


b. Majority - Answer✔✔-The owners of _________ of the outstanding capital stock may revoke the

delegated power of the board of directors to amend or repeal the bylaws.


a. 1/2


b. Majority


c. 2/3


d. 3/4




Page 2/19

, EMILLYCHARLOTTE 2024/2025 ACADEMIC YAER ©2024 EMILLYCHARLOTTE. ALL RIGHTS RESERVED
FIRST PUBLISH SEPTEMBER 2024


c. April 15 - Answer✔✔-Regular meetings of stockholders or members shall be held annually on a date

fixed in the bylaws, or if not so fixed, on any date after ______ of every year as determined by the board

of directors or trustees.


a. January 15


b. March 15


c. April 15


d. December 15


a. One - Answer✔✔-Special meetings of stockholders or members shall be held at any time deemed

necessary or as provided in the bylaws: Provided, however, that at least ______ week/s written notice

shall be sent to all stockholders or members, unless a different period is provided in the bylaws, law or

regulation.


a. One


b. Two


c. Three


d. Ten


b. 20% - Answer✔✔-The board of the following corporations vested with public interest shall have

independent directors constituting at least _______________ of such board.


a. 10%


b. 20%



Page 3/19

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller EmillyCharlotte. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $12.49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

81113 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$12.49
  • (0)
  Add to cart