Practice question
A stockholder attends solely to object at the outset that the meeting was unlawfully called. Does attendance automatically waive notice under section 49?
- Yes, every attendance waives all objections
- Yes, even if the express statutory exception applies
- Yes, unless the holder owns a majority
- Yes, if the chair dislikes the objection
- No, the statute preserves this express-purpose objection exception
Legal references
- https://elibrary.judiciary.gov.ph/thebookshelf/showdocs/2/86463 — RA 11232, sections 48–51
Answer this question in flashcards to review your response and continue practicing.