Zeelon Corporation Stock May Be Summarized as Follows

question 68

Multiple Choice

Zeelon Corporation stock may be summarized as follows:
100,000 authorized
90,000 issued
75,000 outstanding
15,000 treasury stock
How many shares or proxies will have to be present for a quorum (assuming no special provision and that the Revised Act is not in effect) ?

• A) 50,001
• B) 30,001
• C) 37,501
• D) 45,001

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Definitions:

Ancient Times

A historical period well before the Middle Ages, usually considered to include civilizations like the Egyptians, Greeks, and Romans among others.

Social Norm Deviance

The behavior of violating the established social norms, which leads to social sanctions or disapproval.

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Rituals and activities involved in the admission of new members into a fraternity, often characterized by various levels of social events, tasks, and sometimes hazing.

Behavioral Model

A theory in psychology that explains human behavior in terms of observable and measurable responses to external stimuli.