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:

Minnesota Multiphasic Personality Inventory

A comprehensive psychological assessment tool used to diagnose mental disorders and assess personality structure.

Concurrent Validity

The degree to which the results of a particular test or measurement correspond to those of a previously established test or measurement performed at the same time.

Style

A distinctive appearance or manner adopted by individuals or groups, often in the context of fashion, writing, or architecture.

Thematic Appreciation Test

A projective psychological test that assesses individuals' underlying motives, concerns, and the way they see the social world through the stories they make up about ambiguous pictures of people.