Election, Removal, and Filling of Vacancies

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1. What stockholder vote ordinarily removes a director under RCC section 27? Multiple Choice Easy
2. Under section 23, who is declared elected among qualified director nominees? Multiple Choice Easy
3. How long does a replacement director elected to fill a vacancy ordinarily serve under section 28? Multiple Choice Easy
4. A stockholder with 100 voting shares cumulates all votes for one candidate in an election for five directors. What is t… Multiple Choice Medium
5. A director resigns. The remaining directors still constitute a quorum. Under section 28, who may fill this ordinary vac… Multiple Choice Medium
6. Stockholders holding 70% of outstanding capital properly notify a meeting and seek removal without cause of the minorit… Multiple Choice Hard
7. Vacancies leave a board without quorum, and immediate action is necessary to prevent grave, substantial, irreparable co… Multiple Choice Hard
8. Explain the vote, notice, and minority-protection requirements for shareholder removal of a director. Essay Medium
9. When may remaining directors fill a vacancy under section 28, and what term does the replacement serve? Essay Medium
10. State the conditions and limits of an emergency board appointment under section 28. Essay Medium
11. Under Section 23, when must an election of directors or trustees be by ballot? Multiple Choice Easy
12. Under Section 28, when must the corporation notify the SEC of creation of an emergency board? Multiple Choice Easy