Action Taken by Shareholders Without Holding a Meeting Is Valid

question 50

True/False

Action taken by shareholders without holding a meeting is valid under the RMBCA if it is evidenced by a written consent signed by all the shareholders entitled to vote on the action.

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Definitions:

Erikson

Refers to Erik Erikson, a psychologist known for his theory on the psychological development of human beings, characterized by eight stages from infancy to adulthood.

Homosexuality

The romantic or sexual attraction or behavior between individuals of the same sex or gender identity.

Heterosexual Relationship

A heterosexual relationship is a romantic or sexual relationship between individuals of the opposite sex.

Mutual Devotion

A deep, reciprocal affection and commitment between individuals, often implying a strong emotional bond.