Privately Held Corporations May Issue a ________ in Lieu of Conducting

question 23

Multiple Choice

Privately held corporations may issue a ________ in lieu of conducting a formal annual meeting.

• A) testament of meeting occurrence
• B) unanimous consent resolution
• C) statement of meeting substitution
• D) proof of alternative meeting

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Definitions:

Overconfidence

The tendency to be more confident than correct—to overestimate the accuracy of our beliefs and judgments.

Hiring Ability

The capacity or skill of a person or organization to identify, evaluate, and recruit suitable candidates for employment.

Confirmation Bias

The tendency to interpret, seek out, and create information that confirms one's preexisting beliefs or hypotheses.

Unintended Racism

Racial prejudice and discrimination that occur unintentionally, often as a result of implicit biases.