If a Corporation Has Fewer Than ________________ Shareholders, the Revised

question 107

Multiple Choice

If a corporation has fewer than ________________ shareholders, the Revised Model Business Corporation Act allows companies to eliminate the board of directors entirely.

• A) 100
• B) 50
• C) 30
• D) 25
• E) None of these because the Revised Model Business Corporation does not allow companies to eliminate the board of directors entirely.

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Definitions:

Expectancy

In psychology, the anticipation or belief regarding the likelihood that a particular behavior will lead to a specific outcome, heavily influencing motivations and actions.

Types of Expectancies

Different forms of anticipation or belief about what may happen in the future, often based on past experiences or social cues.

Stimulus Generalization

A conditioned response or operant behavior to a stimulus that is similar to the conditioned stimulus or discriminative stimulus.

Discriminative Operant

An operant behavior that is under the control of a discriminative stimulus