Under the Model Act,who Has the Right to Call a Special

question 12

Multiple Choice

Under the Model Act,who has the right to call a special meeting of the shareholders to vote on an emergency issue that cannot wait until the next annual meeting?

• A)The board of directors and shareholders who own at least 10 percent of a company's stock
• B)Any group of shareholders that is at least 25 in number and holds 25 percent of a company's stock
• C)The board of directors and the CEO
• D)Only the board of directors