With Regard to the Law of Corporations,which of the Following

question 138

Multiple Choice

With regard to the law of corporations,which of the following is true?

• A)A director of a corporation could not be personally liable on a promissory note even if he just signed his own name,as long as at the time he had intended to sign on behalf of the corporation.
• B)If a minority shareholder is treated unfairly,the appropriate relief to request is that the court "lift the corporate veil."
• C)In many jurisdictions,pre-emptive rights entitle a shareholder to pass on her right to vote to someone else.
• D)"Relief-from-oppression" provisions allow a party who has contracted with the corporation to force the corporation to honour a contract it has signed in an irregular manner.
• E)A creditor of a corporation could sue for some remedy if the directors of the corporation voted for a resolution to pay a dividend when the corporation was insolvent.

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Definitions:

Axon

An axon is a long, slender projection of a nerve cell, or neuron, that typically conducts electrical impulses away from the neuron's cell body.

Brain Imaging

Techniques used to visualize the structure and function of the brain, aiding in medical diagnosis and research.

Functional Magnetic Resonance Imaging

A neuroimaging technique that measures and maps brain activity by detecting changes associated with blood flow.

Positron Emission Tomography

An imaging technique that detects positrons emitted by a radioactively labeled substance in the body, used to observe metabolic processes.