Samantha Transfers a Void Title to Balley Who Is a Good-Faith

question 81

Multiple Choice

Samantha transfers a void title to Balley who is a good-faith buyer. Balley's title is considered ________.

• A) false title
• B) void title
• C) voidable title
• D) excused title
• E) manipulated

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Definitions:

Derivative-Action Provision

A component in corporate governance that allows a shareholder to sue or take legal action on behalf of the corporation, often against directors or management for misconduct.

Corporate Opportunity

A business opportunity or prospect that a corporation's directors, officers, or employees might have a duty to offer to the corporation before pursuing independently.

Board Of Directors

A group of elected or appointed members who jointly oversee the activities of a corporation or organization.

Par-value

The nominal or face value assigned to a share of stock by the company's charter, not necessarily reflecting its market value.