8/14/22, 1:09 PM Quiz: UNIT ACTIVITY 10: MEETINGS

UNIT ACTIVITY 10: MEETINGS

Started:
Aug 14 at 12:11pm

Quiz Instructions
INSTRUCTION:  At this point, to test what you have learned from the discussion, indicate whether each
of the following statements is true or false in order to convey understanding of the significance of holding
meetings in a corporation.

Question 1 1 pts

In regular meetings of stockholders or members of record, a written notice shall be

sent at least 10 days prior to the meeting.

True

False

Question 2 1 pts

Special meetings of stockholders or members shall be held at any time deemed

necessary.

True

False

Question 3 1 pts

Right to vote of stockholders or members may be exercised in person, through a

proxy, or by remote communication or in absentia, when the latter manner is so
authorized in the bylaws.

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8/14/22, 1:09 PM Quiz: UNIT ACTIVITY 10: MEETINGS

True

False

Question 4 1 pts

Directors or trustees can attend or vote by proxy at board meetings.

True

False

Question 5 1 pts

Every decision reached by at least a majority of the director  or trustees constituting a

quorum shall be a valid corporate act.

True

False

Question 6 1 pts

Treasury shares shall have voting right as long as such shares remain in the
Treasury.

True

False

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8/14/22, 1:09 PM Quiz: UNIT ACTIVITY 10: MEETINGS

Question 7 1 pts

A voting trust agreement can be entered into for purposes of circumventing the laws
against anti-competitive agreements, abuse of dominant position, anti-competitive
mergers and acquisitions, violations of nationality and capital requirements, or for the
perpetuation of fraud.

True

False

Question 8 1 pts

The voting trustee or trustees in a VTA may vote by proxy or in any manner
authorized under the bylaws unless the agreement provides otherwise.

True

False

Question 9 1 pts

Revocation of a proxy may be made through formal notice, by verbal communication,

or by the conduct of the stockholder or member as when he personally attends the
meeting.

True

False

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8/14/22, 1:09 PM Quiz: UNIT ACTIVITY 10: MEETINGS

Question 10 1 pts

Proxy voting is allowed in the election of the Board of Directors or Trustees.

True

False

Question 11 1 pts

A stockholder or member who participates through remote communication or in

absentia shall not be included in determining the quorum.

True

False

Question 12 1 pts

The proper place for stockholders or members meeting is in the principal office of the
corporation as set forth in the articles of incorporation.

True

False

Question 13 1 pts

The election of officers shall require the vote of a majority of all the stockholders or
members.

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8/14/22, 1:09 PM Quiz: UNIT ACTIVITY 10: MEETINGS

True

False

Question 14 1 pts

A proxy votes as a principal, and in person.

True

False

Question 15 1 pts

The chairman or, in his absence, the president shall preside at all meetings of
directors or trustees as well as of the stockholders or members.

True

False

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