Which of the Following Is Correct Regarding the Removal of Mr.X

question 67

Multiple Choice

Which of the following is correct regarding the removal of Mr.X from the board of XYZ?

• A) The common law does not permit removal of a director for any reason.
• B) The RMBCA permits the removal of a director without cause.
• C) The articles of incorporation cannot provide for the removal of directors.
• D) Under common law and statutory law,a director can never be removed without cause.

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Definitions:

Predictor Variable

A variable used in statistical modeling to predict or explain changes in the dependent variable.

Response Variable

A variable that measures the outcome of a study or experiment; it is the effect or result that is influenced by other variables.

Linear Regression

A statistical method that models the relationship between a dependent variable and one or more independent variables by fitting a linear equation to observed data.

Regression Analysis

A statistical method for estimating the relationships among variables, often used to predict the value of a dependent variable based on the values of one or more independent variables.