Practice question
Which is a recognized means for a qualified voting stockholder to participate in corporate governance?
- Personally owning every corporate asset
- Nominating and voting for qualified directors under the Code
- Unilaterally replacing every officer
- Ignoring all meeting rules
- Taking corporate funds as personal property
Legal references
- https://elibrary.judiciary.gov.ph/thebookshelf/showdocs/2/86463 — RA 11232, sections 23, 38, 42, 71, 73 and 74
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