According to the Revised Model Business Corporation Act (RMBCA),what Establishes

question 2

Multiple Choice

According to the Revised Model Business Corporation Act (RMBCA) ,what establishes a quorum to hold a meeting of the shareholders?

• A)a majority of the outstanding shares
• B)a majority of the unissued shares
• C)a majority of the treasury shares
• D)a majority of the liquidated shares

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Definitions:

Diethyl Ether

An organic compound, commonly used as a solvent, with the formula \(C_2H_5OC_2H_5\).

Cyclic Ethers

Organic compounds that contain an ether group (-O-) within a ring structure.

Grignard Reagent

Grignard reagent is a type of organomagnesium compound used in organic synthesis, typically represented as RMgX, where R is an organic group and X is a halogen.

Cyclopentene Oxide

A cyclic ether with a three-membered epoxide ring adjacent to a cyclopentene structure.