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Question
The article of corporation cannot exclude shareholders' voting rights.Answer
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A borrower has the right to purchase the property after default by paying the full amount of the debt, plus any interest and costs that have accrued.
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A borrower has a right to rescind a mortgage within three business days.
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A reverse mortgage starts as a fixed-rate mortgage and then converts into an adjustable-rate mortgage.
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Wilbur files a petition in bankruptcy for relief through an individual's repayment plan. Wilbur is granted a discharge. Debts that will not be discharged include claims for
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B.money to be paid for services not rendered.
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Shareholders' meetings do not have to occur on any regular basis.
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A director usually serves on a corporation's board for a life term.
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An individual director does not act as an agent to bind the corporation.
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Frothy Beverage Corporation is a public company whose shares are traded in the public securities markets. Under the Securities Act of 1933, Frothy is required to
A.contribute to the operations of national stock exchanges.
B.disclose financial and other information about its securities.
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Pumping up a company occurs when a single person using multiple aliases on an online forum creates the illusion of widespread interest in a stock.
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"Forward-looking" financial forecasts are prohibited under SEC Rule 10b-5.
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The Securities Exchange Act of 1934 provides for continuous, periodic disclosures by publicly held corporations.
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Only state law governs drug tests of private-sector employees.