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All Jurisprudence based

0 tracked cards Commercial and Taxation Laws

At a meeting, a qualified stockholder demands full recording of a protest and a record of yeas and nays on a motion. The chair refuses solely because the motion passed by a large majority. Assume Section73 applies. Which is correct?

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A chair’s preference replaces recordkeeping law The losing side automatically owns the corporation Only unanimous motions are recorded The statutory demand-based recording duties are not eliminated merely by the voting margin

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