Which of the Following Is True of Janelle's Plan to Continue

question 65

Multiple Choice

Which of the following is true of Janelle's plan to continue with disbanding the corporation over Ahmed's objection?

• A)She could proceed with her plan.
• B)It is unknown if she could proceed with her plan because Ahmed's agreement was essential if he owned more than 10% of the company's shares.
• C)She could not continue with her plan because unanimous approval of shareholders was required.
• D)It is unknown if she could proceed with her plan because Ahmed's agreement was essential if he owned more than 30% of the company's shares.
• E)It is unknown if she could proceed with her plan because Ahmed's agreement was essential if he owned more than 20% of the company's shares.

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Definitions:

Dynamic Equilibrium

Dynamic equilibrium occurs when the rate of forward reaction equals the rate of the reverse reaction in a chemical system, resulting in the concentrations of reactants and products remaining constant over time.

Equilibrium Constant

A mathematical expression that relates the concentrations of reactants and products in a chemical reaction at equilibrium.

Ph

A measure that provides insight into the acidity or basicity level of an aqueous solution; values range from 0 (very acidic) to 14 (very basic).

Hemoglobin

A red protein responsible for transporting oxygen in the blood of vertebrates, its molecule comprises four subunits, each containing an iron atom.