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Question Type

Essay Multiple Choice

Question Source

All Jurisprudence based

0 tracked cards Commercial and Taxation Laws

The primary nominee refuses to act on the stockholder’s incapacity. The alternate offers to act but claims that alternates have an unrestricted longer term than nominees. Which is best?

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Alternates become permanent shareholders by default The refusal abolishes every limitation Only a private customer fixes the term The alternate acts only for the same term and conditions applicable to the nominee

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