Which of the Following Is True Regarding the Revised Model

question 63

Multiple Choice

Which of the following is true regarding the Revised Model Business Corporation Act?

• A) It has been adopted at least in part in over half of the states.
• B) It has been fully rejected in over half of the states in favor of the Model Business Corporation Act.
• C) It has been adopted fully by seventy-five percent of the states.
• D) It has been rejected in over half of the states in favor of the Model Corporate Act.
• E) There is no Revised Model Business Corporation Act.

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Definitions:

Franklin D Roosevelt

The 32nd President of the United States, serving from 1933 to 1945, known for leading the country during the Great Depression and World War II with policies including the New Deal.

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A region in the Western Hemisphere, south of the United States, encompassing countries in Central and South America as well as the Caribbean, distinguished by Romance languages and cultural ties.

Farm Security Administration

A New Deal agency created in 1937 to combat rural poverty during the Great Depression in the United States.

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Individuals who rent land to farm from a landlord.