LAW102_Session 14_HiepTH9

Is the right to vote the most important right of a stockholder?

• Yes
• No

Must stockholders be physically present at a stockholders' meeting before they can vote?

• Yes
• No

May directors be held liable for some acts even without evidence of negligence or bad faith?

• Yes
• No

May a stockholder's authorization to another to vote the stockholder's stock be revoked at any time?

• Yes
• No

Is a stockholder's right to inspect the corporate books absolute and unrestricted by the law?

• Yes
• No

Does state law require a corporation to have a president and vice president?

• Yes
• No

In order to be valid, a stockholders' meeting requires the presence of a minimum number of shares that must be represented in order to lawfully transact business.

• Yes
• No

Directors can vote by proxy.

• Yes
• No

If a dissolved corporation's assets cannot cover its debts, stockholders incur personal liability.

• Yes
• No

The directors may not delegate ministerial and routine duties to subagents.

• Yes
• No