Friday, July 25, 2008
An Example
In question 10 of the Corporations essays, I knew that a quorum of S/H was a majority of the S/H entitled to vote. I also knew that for voting, a majority of those shares actually voted was needed. What I didn't know was that Directors are elected by a plurality--they do not need a majority to win--the Directors with the most votes win.
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1 comment:
Oh dear. The way I've been thinking about it if I don't know what to write is to just write the issue that they want, and then the general rule. And on the multi-part questions (which is just about all of them) if you know two of the three parts really well, that third part is no big deal. Three out of five is a pass, and that's all we're after :)
And if it makes you feel better to know, I have almost nothing memorized!
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