Which of the following is NOT a basis for involuntary dissolution?
A) By the Secretary of State,if it is established that the corporation failed to pay its franchise tax
B) By a shareholder,if the directors are deadlocked and the shareholders cannot break the deadlock
C) By the shareholders,if they dissent to a merger and are asserting their appraisal rights
D) None of these
Correct Answer:
Verified
Q48: One method of taking a publicly held
Q49: The Revised Model Business Corporation Act would
Q50: A court may dissolve a corporation in
Q51: Which of the following statements about corporate
Q52: A short-form merger:
A) is not a merger
Q54: A compulsory share exchange:
A) is a transaction
Q55: The Revised Act grants dissenters' rights to:
A)
Q56: Which of the following is a prerequisite
Q57: A consolidation:
A) has precisely the same result
Q58: The Revised Act permits the board of
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