Ace Corporation Requires a Quorum of Five Directors

question 26

True/False

Ace Corporation requires a quorum of five directors. If Richard, a director, shows up at the meeting for a vote on his favorite topic (dividends) and withdraws thereafter, leaving only four directors, they, under the Revised Act, may not act on any further business.

---

Definitions:

Extinction

The process in which a conditioned response decreases in frequency and eventually disappears due to the absence of reinforcement.

Novel Stimulus

A new or unfamiliar stimulus that has not been previously encountered by the organism.

Calming Event

An occurrence or intervention designed to reduce stress, anxiety, or excitement, often leading to a state of relaxation.

Flavor Aversion Conditioning

Flavor Aversion Conditioning is a learning process where individuals develop a dislike or aversion to a flavor after it has been paired with sickness or nausea.