A voting trust does not permit a concentration of corporate control in one person.
Correct Answer:
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Q1: A proxy is revocable to the same
Q3: The members of the board of directors
Q4: Directors are elected at the annual meeting
Q7: Voting trusts generally are effective for only
Q9: Notice of a shareholders' meeting may be
Q10: Only the board of directors may approve
Q11: The board of directors generally manages the
Q15: By law,a shareholder is always entitled to
Q16: Under the RMBCA,if a quorum exists,a shareholder
Q17: Directors have the power to bind the
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