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X Deeds His Property to Y on June 1 and to Z

question 19

True/False

X deeds his property to Y on June 1 and to Z on June 3.Z is aware of the earlier conveyance made to Y, but records first in the public record.In a "Race Statute" state, Z's deed will prevail over Y's.

Comprehend the principles behind corporate constituency statutes and their implications for board duties and corporate profits.
Understand the concept and implications of raiders in corporate governance.
Recognize the importance of director rights, such as the right to inspect corporate books and records.
Grasp the various methods of voting and their impact on shareholder representation and control.

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