The RMBCA Provides That, Absent a Conflicting Provision in the Articles

question 16

Multiple Choice

The RMBCA provides that, absent a conflicting provision in the articles of incorporation, directors may be removed: ______.

• A) with or without cause by a majority vote of the shareholders.
• B) with cause by a majority vote of the shareholders, and without cause by a unanimous vote.
• C) with or without cause by a unanimous vote of the shareholders.
• D) only with cause.

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Definitions:

Trend Line

A line drawn on a graph that shows the general direction in which a group of points seem to be moving.

Histogram

A graphical display of a frequency distribution, relative frequency distribution, or percent frequency distribution of quantitative data constructed by placing the class intervals on the horizontal axis and the frequencies, relative frequencies, or percent frequencies on the vertical axis.

Frequency Distribution

A summary showing how often different values occur in a dataset, typically presented in a table or graph.

Relative Frequency

The ratio of the number of times a particular value occurs in a set of data to the total number of observations.